Question ID : 528

INTEREST BY HOUSING SOCIETY FOR DELAY IN POSSESSION OF PROPERTY

I want your help to crify that:-

If the development agency like HUDA, PUDA pays any ter for deyed possession of property, Is this ter a capital receipt or a revenue
receipt. Is this payment for deprivg off a person to use a property as decided the case of DDA ITO (0531TD-19(ITAT Delhi).

Please clearify me the nature of receipt. Also let me know its tax implications and any cases support of that.
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