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Taxability of interest on compulsary acquisation

This query is : Resolved 

25 July 2014 Respected sir/Expert

My agriculture land was compulsary acquired by Govt in 2009. Later in 2014 I recived Enhanced compansation with interest. TDS was dedcuted on interest @ 10%.

My query is whether total interest will be added in my income or I will get 50% rebate on it.IF yee,Under which section.

25 July 2014 50% deduction is allowed as per sec 57............

25 July 2014 50% deduction is allowed as per sec 57............




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