Sh. Daulat Ram vs. Income Tax Officer, Rewari (JAO)

Parties Involved

Facts Summary

The assessee’s appeal for assessment year 2017-18 arises against the Commissioner of Income Tax (Appeals)/Addl./JCIT(A)-1, Mumbai’s DIN and order no. ITBA/APL/S/250/2024-25/1070559701(1), dated 22.11.2024 involving proceedings under section 143(1) of the Income-tax Act, 1961. The case revolves around 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 Act.…

Legal Issues

• 1. 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.

Judgment Outcome

Decided in favour of Assessee.

Precedents Relied Upon

Similar Judgements

• Shastri Lal Vs Income Tax Officer, Ward-4(1), Gurgaon

  Delhi Bench benchAY 2018-19Allowed

• Sh. Mange Ram Vs. Pr. Commissioner of Income Tax, Faridabad

  Delhi Bench benchAY 2017-18Allowed

• Krishan Kumar Yadav Vs Income Tax Officer, Ward-2, Rewari, Haryana

• Sh. Mahender vs. Income Tax Officer, Ward-1, Hisar

  Delhi Bench benchAY 2020-21Allowed

• Sh. Deepak Kumar Yadav Vs. Income Tax Officer, Ward-2, Rewari, Haryana

• Sh. Jugraj Singh Chauhan Vs. Income Tax Officer, Sector-24, Noida