In the result, both the appeals of the revenue for AYs 2009-10 & 2010-11 are dismissed
Bench: Shri Satbeer Singh Godara & Shri Laxmi Prasad Sahusl.
Housing Boards, Public Works Department, etc., acquire immovable property from the public for the purpose of their developmental activities. Huge amounts are disbursed on behalf of these departments as payments of compensation for land acquired including considerable amount of interest on excess compensation as per the Land Acquisition Act.The interest payment made under the Land Acquisition Act are covered