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Whether Interest On Compensation Awarded By MACT (Motor Tribunal) Considered As Income



Rupesh Rashmikant Shah v. UOI (2019) 417 ITR 169 / 182 DTR 203 / 310 CTR 826 / 266 Taxman 474 (Bom.)(HC) Sub: Whether Compensation awarded by Motor Accident Claims Tribunal - Interest on compensation awarded up to date of order of Tribunal or Court is taxable FACTS OF THE CASE Petitioner

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Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.)

Dear Friends, Myself FCS Deepak P. Singh ( B.Sc.. LLB, FCS. FIII, CIAFP, CRMP) , A Fellow Member of ICSI, Law Graduate ,Fellow Member of Insurance Institute of India, Certified Insurance Anti Fraud Professional , Certified Risk Governance Professional ( ICSI-III) and cleared Limited Insolvency Examination ( IBBI) wo .. Read more

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