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2019 (4) TMI 263 - AT - Income TaxRevision u/s 263 - interest received u/s 28 of the Land Acquisition Act is part of enhanced compensation or taxable as other sources - assessee claimed whole of the interest exempt as capital gains earned from sale of rural agricultural land - CIT held that the assessment order passed by the AO u/s 143(3) having failed to add 50% of the interest income as per the provisions of Section 56(2)(viii), 57(iv) and 145A(b) under the head 'income from other sources' and having not properly examined the facts of the case and accepted the version of the assessee without due examination - HELD THAT:- There is no error in the order of the AO treating the interest received by them u/s 28 of the LAA,1894, as compensation following the proposition laid down by the apex court in GHANSHYAM (HUF) [2009 (7) TMI 12 - SUPREME COURT] . We set aside the order passed by the ld. Pr. CIT u/s 263. - Decided in favour of assessee
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