2018 (9) TMI 2089 - SCH - Income Tax

TDS u/s 194A - Motor Accidents Claims - Liability of Insurance Company to deduct income tax at source (TDS) on the interest paid on the compensation paid under Motor Vehicles Act, 1988 - as per HC Interest paid along with the compensation as a result of the order of the Tribunal or of the superior Court is not liable for TDS - HELD THAT - Permission to file SLPs is granted. Delay condoned. We do not find any merit in these petitions. The Special Leave Petitions are accordingly dismissed. The question of law is, however, left open. Pending applications, if any, shall stand disposed of.

Summary

The Supreme Court of India granted permission to file Special Leave Petitions, with delay condoned. The petitions were dismissed as no merit was found, but the question of law was left open. Pending applications were disposed of.