BALBIR KUMAR HUF,CHANDIGARH vs. ITO , CHANDIGARH

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

8. The appellate authority / CIT(A) further concurred with the AO’s analysis that section 145B(1) read with section 56(2)(viii) provides a specific statutory mandate to treat interest received on compensation or enhanced compensation as taxable in the year of receipt under the head income from other sources. The Ld. CIT(A) emphasized that interest under section

SAROJ CHAUDHARY BALA,PANCHKULA vs. ITO, WARD-4, PANCHKULA

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

8. The appellate authority / CIT(A) further concurred with the AO’s analysis that section 145B(1) read with section 56(2)(viii) provides a specific statutory mandate to treat interest received on compensation or enhanced compensation as taxable in the year of receipt under the head income from other sources. The Ld. CIT(A) emphasized that interest under section

INCOME TAX OFFICER, FATEHABAD vs. MAHESH NAGPAL, FATEHABAD

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

8. The appellate authority / CIT(A) further concurred with the AO’s analysis that section 145B(1) read with section 56(2)(viii) provides a specific statutory mandate to treat interest received on compensation or enhanced compensation as taxable in the year of receipt under the head income from other sources. The Ld. CIT(A) emphasized that interest under section

SMT. SHANKRI DEVI,PANCHKULA vs. ACIT, PANCKULA CIRCLE, PANCHKULA

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

8. The appellate authority / CIT(A) further concurred with the AO’s analysis that section 145B(1) read with section 56(2)(viii) provides a specific statutory mandate to treat interest received on compensation or enhanced compensation as taxable in the year of receipt under the head income from other sources. The Ld. CIT(A) emphasized that interest under section

SH. AMARDEEP SINGH ATHWAL,YAMUNANAGAR vs. ITO, WARD-1, YAMUNANAGAR

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

8. The appellate authority / CIT(A) further concurred with the AO’s analysis that section 145B(1) read with section 56(2)(viii) provides a specific statutory mandate to treat interest received on compensation or enhanced compensation as taxable in the year of receipt under the head income from other sources. The Ld. CIT(A) emphasized that interest under section

ARJESH KUMAR,PATIALA vs. ITO NATIONAL E-ASSESSMENT CENTRE , DELHI

8. The appellate authority / CIT(A) further concurred with the AO’s analysis that section 145B(1) read with section 56(2)(viii) provides a specific statutory mandate to treat interest received on compensation or enhanced compensation as taxable in the year of receipt under the head income from other sources. The Ld. CIT(A) emphasized that interest under section

RANJIT SINGH,PANCHKULA vs. DEPUTY DIRECTOR, CPC DEPARTMENT

Bench: SHRI. LALIET KUMAR (Judicial Member), SHRI. KRINWANT SAHAY (Accountant Member)

8. The appellate authority / CIT(A) further concurred with the AO’s analysis that section 145B(1) read with section 56(2)(viii) provides a specific statutory mandate to treat interest received on compensation or enhanced compensation as taxable in the year of receipt under the head income from other sources. The Ld. CIT(A) emphasized that interest under section

M/S YOGRAJ CHAUDHARY,YAMUNA NAGAR vs. ITO, WARD-5, YAMUNA NAGAR

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29.\nThe Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any \"other income\" referred to in Section 56(2)(viii) of the\nAct

AMRINDER SINGH KHUBBER,AMBALA vs. ITO, W-5, AMBALA

Accordingly, finding no merit in the appeals, the same are hereby\ndismissed

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29. The Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

BALVINDER SINGH,FATEHABAD vs. ITO WARD-1, FATEHABAD

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29. The Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

BALJEET KAUR,NADI MOHALLA AMBALA CITY vs. ITO WARD 1, AMBALA, AMBALA

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29.\nThe Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

BHUPINDER SINGH,AMBALA vs. INCOME TAX OFFICER, W-1, AMBALA, AMBALA

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29. The Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

INCOME TAX OFFICER, AMBALA vs. NACHHATAR SINGH, AMBALA CANTT

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29. The Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

LABH SINGH,PANCHKULA vs. INCOME TAX OFFICER, WARD NO 2,, PANCHKULA

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29. The Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

SAT PAL,CHANDIGARH vs. INCOME TAX OFFICER, WARD 5(5), , CHANDIGARH

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29. The Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

RAJBIR SINGH,VILL. GARHI BANJARA vs. ITO, WARD-3, YAMUNANAGAR

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29.\nThe Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

SH. HAKAM SINGH,PATIALA vs. INCOME TAX OFFICER, WARD-4, PATIALA

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29.\nThe Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any “other income" referred to in Section 56(2)(viii) of the\nAct

SUSHMA,HARYANA vs. ITO, WARD - 4, YAMUNA NAGAR, YAMUNA NAGAR

8) SCC 412) in order to ascertain whether the interest given under the\nsaid provision amounts to compensation or not.\n29.\nThe Ld. Authorised Representative (AR) submitted that there is no\nspecific provision in Section 2(24) of the Income-tax Act, 1961, incorporating\nwithin its ambit any \"other income\" referred to in Section 56(2)(viii) of the\nAct