TMI Blog2002 (7) TMI 29X X X X Extracts X X X X X X X X Extracts X X X X ..... t of enhancement of compensation. It is also prayed that the Collector may be restrained from deducting the tax at source in terms of the said circular. According to the petitioner, since the amount of interest payable on account of delay in payment of enhanced compensation is not liable to be taxed, the Land Acquisition Collector cannot be asked to deduct tax at source. - the writ petition is dis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t tax at source. The issue raised in the petition is no longer res integra. In Bikram Singh v. Land Acquisition Collector [1997] 224 ITR 551, the Supreme Court has held that the interest receipt on delayed payment of the compensation, determined under the Land Acquisition Act, 1894, is a revenue receipt exigible to tax under section 4 of the Income-tax Act, 1961 (for short "the Act"). It has als ..... X X X X Extracts X X X X X X X X Extracts X X X X
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