Taxability of accidental claim received from court
This query is : Resolved
04 May 2013
If there is any compensation received on the accidental death of the earning hand of the family from court to its legal heirs, then whether it is taxable or exempt from tax in the hands of its legal heirs.
05 May 2013
Hi,
Accidental compensation received from legal heirs as per the court directions is not income.
Accidental compensation received from legal heirs as per the court directions is not income.
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