taxablity under income tax ?
sources under which it is taxable?
expenses allowable ?
Not taxable, if claim received from insurance company.
Jatin Verma (71 Points)
21 May 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(163079 Points)
Replied 21 May 2024
Not taxable, if claim received from insurance company.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(163079 Points)
Replied 21 May 2024
If compensation was awarded under Motor Vehicles Act, then also it is not taxable.
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