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2019 (10) TMI 738 - AT - Income TaxAssessibility of the amount received u/s 28 of the Land Acquisition Act - claim of the assessee is that such enhanced compensation was part of the compensation and was not taxable in his hands - HELD THAT:- In view of the categorical affirmation of the proposition laid down by the apex court in the case of Ghanshyam HUF [2009 (7) TMI 12 - SUPREME COURT] in its latest decision in the case of Hari singh [2017 (11) TMI 923 - SUPREME COURT] , we hold 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(supra). The order passed by the Ld.Pr.CIT u/s 263 is therefore set aside. Appeal of assessee is allowed.
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