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MACT
Income Tax Return filed prior to Death of Assesse shall be the basis of computing Loss of Future Income of Assesse for MACT Claim: Gujarat HC [Read Order]
September 19, 2022
No TDS applicable on Interest awarded by Motor Accident Claims Tribunals: Gujarat HC [Read Order]
May 7, 2022
Supreme Court directs Govt to look into Money deducted from Motor Accident Compensation Awards as TDS lying as Unclaimed Refunds with respect to Claimants who are not Income Tax Assessees [Read Order]
February 3, 2022
Supreme Court dismisses plea challenging TDS on Interest payable under an Award of MACT [Read Order]
December 20, 2021
āInterest Received as part of Enhanced Accident Compensationā is a Capital Receipt for the Purpose of Income Tax, Hence not Taxable; ITAT Ahmedabad [Read Order]
June 5, 2016
Compensation of MACT shall not come under the ambit of āIncomeā, TDS cannot be deducted for Compensation; Madras HC [Read Judgment]
June 3, 2016
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