TMI BlogMotor Accident Claim TribunalX X X X Extracts X X X X X X X X Extracts X X X X ..... Hello Sir, My client has been awarded 5 lacs by Motor Accident Tribunal on account of accident in the form of Fixed Deposits. We have declared the FD Income in our return but have not disclosed the am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ount awarded and interest received by tribunal. Now issue arises when we claimed our TDS deducted on amount of interest awarded by tribunal in ROI, AO issued notice u/s 148 reasoning that you have n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot shown amount that you received as compensation and interest in your ROI. In my opinion it is a capital receipt and not taxable. Disability is partial. Kindly advise. - Motor Accident Claim Tribun ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al - Query Started By: - RAHUL MALHOTRA Dated:- 19-5-2015 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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