Interest on fd on account of compensation claim

Ritesh khurana (CA student) (175 Points)

25 June 2012  

Dear Expert 

Wife received an amount of Rs 15 lakh on account of accidental  compensation claim due to death of her husband which is fixed for 5years.

Suggest  Is there any relief on taxability of interest on such FD received by widow  who have a taxable income. 

Thanks and regards