UP Govt. Issues Guidelines to Prevent Police Interference in Sub Judice Matters  ||  Kerala High Court: Must Give Accused Opportunity of Being Heard before Magistrate take Cognizance  ||  Raj. HC: Rent Petition Maintainable against Partnership Firm Only if Tenancy Created in Firm’s Name  ||  HP HC: Caste is Assigned to a Person at Birth and Does Not Change after Marriage  ||  Kerala HC: Publication of News Item regarding Dismissal of Employee is Not Formal Service of Order  ||  Kerala HC: Burden Shifts on Complainant if Accused Pleads Non-recepit of Notice  ||  SC: To Fix Market Value, Highest Bona Fide Sale Exemplar to be Considered  ||  SC Reserves Order on Surrogacy for Couple Who Froze Embryos Before Age Bar in Surrogacy Act  ||  SC: Employee Compensation Act Covers Fatal Accident During Work Commute  ||  SC Accepts Open Court Hearing of Petitions against Rejection of JSW’s Resolution Plan    

Kerala HC: Interest Received by Assessee as Compensation under LAA to be Classified as ‘Capital Gains - (16 Apr 2025)

DIRECT TAXATION

Kerala HC has stated that interest amounts received by an assessee in respect of delayed payment of compensation under the Land Acquisition Act, 1894 will be treated as accruals to the principal compensation amount and be classified as 'Capital Gains' for the purposes of the Income Tax Act, 1961.

Tags : KERALA HIGH COURT   INTEREST   CAPITAL GAINS  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved