Interest awarded under Land Acquisition Act forms part of compensation; not liable to tax

Interest awarded under section 28 of Land Acquisition Act is in nature of solatium and an integral part of compensation and receipt of same is a capital receipt whereas, interest awarded under section 34 of said act is on account of delayed payment of compensation and is revenue receipt exigible to tax

Refer:[2018] 90 taxmann.com 285 (Pune - Trib.)