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![“Interest Received as part of Enhanced Accident Compensation” is a Capital Receipt for the Purpose of Income Tax, Hence not Taxable; ITAT Ahmedabad [Read Order] “Interest Received as part of Enhanced Accident Compensation” is a Capital Receipt for the Purpose of Income Tax, Hence not Taxable; ITAT Ahmedabad [Read Order]](/images/placeholder.jpg)
“Interest Received as part of Enhanced Accident Compensation” is a Capital Receipt for the Purpose of Income Tax, Hence not Taxable; ITAT Ahmedabad [Read Order]
The Income Tax Appellate Tribunal, Ahemdabad in a recent ruling held that the interest amount received by the assessee as part of enhanced accident...