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Interest on Death Compensation reced by legal heirs

This query is : Resolved 
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(Querist)
30 July 2025 Son died in an accident Compensation received after 10 years through court court advised to pay claim along with an Interest
Th Insurance Co Paid the claim as well as Interest and deducted TDS on interest under section 194A
1)Whether the Interest is taxable in the hands of his legal heirs
2) If yes while filing Return where to put the sum of Tax Free Interest and under which section
3) Whether CPC will accept the same
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
31 July 2025 1. Yes.
2. It is taxable u/s. 56 in schedule Other income. It is not tax free.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
25 September 2025 Good luck...
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