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Interest as part of compensation on property acquired

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(Querist)
06 February 2014 The property has been acquired by Railways and amount of compensation received also includes some amount of interest as per details given by railways but no TDS has been deducted on interest figure by Railways.

So will the interest figure be included in total value of consideration received for calculating capital gains OR will the interest amount be taxable as income from other sources
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
06 February 2014 Interest will be taxed separately it is not forming part of your capital assets. Only sale value of the land shall qualify for capital gains
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