Income Tax Act, 1961 – Sections 10(37), 45(5), 56(2)(viii), 2(28A) – Land Acquisition Act, 1894 – Sections 28, 34 – Interest on Delayed Compensation for Compulsory Acquisition of Agricultural Land – Classification and Exemption.
Land Acquisition – Market Value – Belting System – Severance Compensation – Interest Entitlement.
Land Acquisition – Unutilized Acquired Land – Disposal – Government Order dated 22 December 2000 – Public Purpose Priority – Auction Cancellation.