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…

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