MavaliyaBhikhubhaiBalabhai v. ITO (TDS)\n
70 Taxmann.com 45High Court2016#1230 most cited
What is MavaliyaBhikhubhaiBalabhai v. ITO (TDS)\n authority for?
Interest received under Section 28 of the Land Acquisition Act, 1894, forms an integral part of enhanced compensation and is not taxable as "Income from Other Sources" under Section 56(2)(viii) of the Income-tax Act, 1961. The Finance Act, 2009 amendments do not alter the compensatory nature of such interest.
93
judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2018 to 2026.
Also referred to as
Mavaliya Bhikhubhai Balabhai v. ITO · 70 Taxmann.com 45 · Section 28 Land Acquisition Act · interest on enhanced compensation · Section 56(2)(viii) · Income from Other Sources · compensatory interest · taxability of land acquisition interest · Section 45(5) · Section 10(37)
Issues it is cited on
Judgments citing MavaliyaBhikhubhaiBalabhai v. ITO (TDS)\n
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