Delhi HC asks CBDT to consider if interest on compensation by Motor Accident Claim Tribunal can be non-taxable

Delhi HC asks CBDT to consider if interest on compensation by Motor Accident Claim Tribunal can be non-taxable

The Delhi High Court today directed Central Board of Direct Taxation (CBDT) to consider if the interest accrued upon the compensation awarded by the Motor Accident Claim Tribunal (MACT) can be declared non-taxable.

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