SH. AJIT SINGH,PINJORE vs. ITO, WARD-1, PANCHKULA

145A(b) and section 56(2)(viii) would be\nthat\nany 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

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

INCOME TAX OFFICER, FATEHABAD vs. MAHESH NAGPAL, FATEHABAD

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

BALBIR KUMAR HUF,CHANDIGARH vs. ITO , CHANDIGARH

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

RANJIT SINGH,PANCHKULA vs. DEPUTY DIRECTOR, CPC DEPARTMENT

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

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

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

PAWAN KUMAR,FATEHABAD vs. INCOME TAX OFFICER WARD-1, FATEHABAD

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

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

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

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

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

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

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

Section 16 or Section 17 of the Act. We, therefore, hold that the statutory interest paid under Section 34 of the Act is interest paid for the delayed payment of the compensation amount and, therefore, is a revenue receipt liable to tax under the Income Tax Act." 9. This position of law has been consistently reiterated by this Court

BALJIT SINGH,AMBALA CITY vs. INCOME TAX OFFICER, WARD-1, AMBALA, AMBALA

145A(b) and section 56(2)(viii) would be\nthat\nany 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

INCOME TAX OFFICER, WARD-5(5), CHANDIGARH, CHANDIGARH vs. AVTAR SINGH, VILLAGE- KAIMBWALA

145A(b) and section 56(2)(viii) would be\nthat\nany 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

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

145A(b) and section 56(2)(viii) would be\nthat\nany 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

SH. AMRIK SINGH,PANCHKULA vs. ITO, WARD-2, PANCHKULA

transfer\nof agricultural land, it no where provides as to what is to be included under the head\n\"Capital gains\". The argument raised is not well founded.\n11. Learned counsel has relied on Circular No. 5 of 2010 by merely reading clause\n46. 1. The said clause talks about undue hardship being caused as arrears of interest\nbeing taxable

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

145A(b) and section 56(2)(viii) would be\nthat\nany 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

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

145A(b) and section 56(2)(viii) would be\nthat\nany 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

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

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

transfer\nof agricultural land, it no where provides as to what is to be included under the head\n\"Capital gains\". The argument raised is not well founded.\n11. Learned counsel has relied on Circular No. 5 of 2010 by merely reading clause\n46. 1. The said clause talks about undue hardship being caused as arrears of interest\nbeing taxable

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

145A(b) and section 56(2)(viii) would be\nthat\nany 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