17 September 2020
aN ASSESSEE WHO MET WITH AN ACCIDENT AND RECEIVED 1800000 AS COMPENSATION WHICH INCLUDES 350000 AS INTEREST . HE IS IN COMA STAGE. I WANT TO KNOW TAXABILITY FOR ASST YEAR 2019-20 WITH REGARDS TO INTEREST ON COMPENSATION & COMPENSATION RECEIPT. ALSO FOR INTEREST 50% DEDUCTION IS AVAILABLE U/S 57
CAclubindia
