Krishan Kumar Yadav Vs Income Tax Officer, Ward-2, Rewari, Haryana
Case No: ITA No. 8417/Del/2025
Court: Income Tax Appellate Tribunal Delhi Bench ‘SMC’, New Delhi
Date: 1/20/2026
Parties Involved
appellantKrishan Kumar Yadav
respondentIncome Tax Officer, Ward-2, Rewari, Haryana
Facts Summary
The case pertains to the assessment year 2020-21 and involves the correctness of the lower authorities' action assessing the assessee’s interest component of land acquisition compensation under section 28 of the Land Acquisition Act, 1894, while invoking section 57(iv) r.w.s. 56(1)(a) r.w.s. 145A(b) of the Income Tax Act, 1961. The assessee received interest of Rs. 3,97,56,460/- on enhanced compensation from HUDA after the compulsory acquisition of his agricultural land, on which TDS amounting t…
Decision in favour of
Partly Assessee / Partly Revenue
Legal Issues
- 1. Whether the interest received under section 28 of the Land Acquisition Act, 1894, is taxable as income from 'other sources' or is part of the enhanced compensation and hence exempt under section 10(37) of the Income Tax Act, 1961.
Precedents Relied Upon
5 precedents cited in this judgement.