Interest on Enhanced Compensation is Taxable as Income from Other Sources: ITAT [Read Order]

Enhanced Compensation is Taxable as Income - Enhanced Compensation - income tax - Interest - Delhi Bench - taxscan

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that interest on enhanced compensation was taxable as income from other sources. The assessee, Braham Prakash was an individual deriving income from interest from bank and interest income on enhanced compensation/compensation from DRO. The return of income for AY 2013-14 was filed by the…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here
taxscan-loader