Section 194a of income tax act

 Amendment of section 194A.......   FROM FINANCE BILL 2015

for clause (ix), the following clauses shall be substituted, namely:–

 “(ix) to such income credited by way of interest on the compensation amount awarded by the Motor Accidents Claims Tribunal;

(ixa) to such income paid by way of interest on the compensation amount awarded by the Motor Accidents Claims Tribunal where the amount of such income or, as the case may be, the aggregate of the amounts of such income paid during the financial year does not exceed fifty thousand rupees;”;  

Main difference is the provision shall not apply at the time of award (accrual base)

But by proviso (ixa) on payment basis, if aggregate receipts exceeds 50K in PY.

Thank you sir.