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ITAT: Interest on Enhanced Compensation Taxable as “Income from Other Sources” under Section 56(2)(viii)
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ITAT: Interest on Enhanced Compensation Taxable as “Income from Other Sources” under Section 56(2)(viii)
ITAT: Interest on Enhanced Compensation Taxable as “Income from Other Sources” under Section 56(2)(viii) The assessee filed his ITR for the Assessment Year 2015-16, declaring income of Rs. 3,74,740 and claiming a refund of over Rs. 1.33 crore. The return was selected for limited scrutiny to verify the correctness of interest income, agricultural income, and […]
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