Disability pension, motor accident interest and land acquisition awards exempt from income tax from April 2026. Amendments to Schedule III create statutory exemptions excluding from total income: disability pension for armed forces members invalided out due to service related disability (not if retired), interest on compensation awarded by a Motor Accident Claims Tribunal payable to the individual or legal heir, and income from awards or agreements for compulsory land acquisition for eligible individuals and Hindu undivided families, subject to a specified statutory exclusion.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disability pension, motor accident interest and land acquisition awards exempt from income tax from April 2026.
Amendments to Schedule III create statutory exemptions excluding from total income: disability pension for armed forces members invalided out due to service related disability (not if retired), interest on compensation awarded by a Motor Accident Claims Tribunal payable to the individual or legal heir, and income from awards or agreements for compulsory land acquisition for eligible individuals and Hindu undivided families, subject to a specified statutory exclusion.
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