JAGPAL SINGH,CHANDIGARH vs. INCOME TAX OFFICER, WARD 5(5), CHANDIGARH, CHANDIGARH
ITA 1184/CHANDI/2024[2018-19]Status: DisposedITAT Chandigarh11 Nov 2025AY 2018-19
For Appellant: \nShri Suraj Bhan Nain, AdvocateFor Respondent: \nShri Manav Bansal, CIT, DR
145A(b) and section 56(2)(viii) would be\nthat any interest received\non compensation or\non enhanced compensation shall be taxable under the head \"Income from\nother sources\" in the year of receipt.\n20. However, by section 27 of the 2009 Act, a new clause (iv) in section 57\nhas been inserted with effect from April 1, 2010 which