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2023 (3) TMI 978 - AT - Income Tax
Interest received u/s 28 of Land Acquisition Act , 1894 - addition u/s 56(2)(viii) r.w.s. 57(iv) and 145A of the Income Tax Act - interest in enhanced compensation of land - HELD THAT:- As the issue is already settled by the Hon’ble Apex Court in the case of Ghanshyam HUF [2009 (7) TMI 12 - SUPREME COURT] wherein it was held that interest received under section 28 of the LAC Act would not fall within the ambit of the expression “interest”.Revenue’s appeal stands dismissed.