Compensation and interest on enhanced compensation

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2016 My client's urban residential land was acquired by govt in the F.Y 2006-07 and return filed on the same.Now in the F.Y-2015-16 the authority released enhanced compensation ,interest,solatium,and other compensations.Where can I show the enhanced compensation under capital gain or other sources?

28 April 2016 Please show enhanced compensation in 'capital gains' and interest in 'other sources'.

29 April 2016 you can also claim 50% deduction on intt. recd on compensation.




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