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Income Tax concession if any

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07 June 2024 Respected Experts, I had filed a case before the Central Administrative Tribunal for the payment of loss of interest and cost towards the belated sanction of my pension. The Tribunal has allowed and I had been paid with Rs.3 lakhs towards the loss of interest and cost Rs.10000/- Whether I had to pay the income tax for this amount as it is an award granted by the Tribunal after a case being filed before it? Kindly oblige. Advance thanks to the Experts in anticipation.

07 June 2024 The interest income is taxable u/h. IFOS.

08 June 2024 Much obliged by the reply of Learned Expert Shri Dhirajlal Rambhia. Thank you very much sir.

08 June 2024 You are welcome.

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