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Arrear interest received

This query is : Resolved 
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(Querist)
06 September 2016 Dear sir,

If a wife got some Rupees as an 5 years Interest on compensation of her husband accidental death from insurance company after supreme court decision. On That case the said amount is taxable or not ?

Thanks

Lalit Kumar
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Amol S Joglekar

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Amol S Joglekar (Expert)
07 September 2016 if the order contains the word "INTEREST", then it is taxable.
Compensation is NOT taxable.
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