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Interest On Enhanced compensation under compulsary land aqus

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(Querist)
25 July 2009 Is Interest On Enhanced compensation under compulsary land aqustation (urban agricultural Land) is taxable or not? if yes under what head?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
25 July 2009 Taxable under the head "Income from other sources".
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Mayur Biradar

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Mayur Biradar (Querist)
25 July 2009 Thank you Sir
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