Gujarat HC: Income Tax Not Applicable on Interest Awarded by Motor Accident Claim Tribunal - 06.05.2022

Gujarat High Court has observed that the interest awarded by the Motor Accident Claim Tribunal (MACT) under Section 171 of the Motor Vehicles Act, 1988 is not taxable under the Income Tax Act, 1961.

Tags : Gujarat High Court Motor Vehicles Act 1988 section 171 Motor Accident Claim Tribunal

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