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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

TDS liability on interest on award of insurance compensation in ...


High Court: Insurance companies not required to deduct TDS on interest from compensation for death or injury.

May 7, 2016

Case Laws     Income Tax     HC

TDS liability on interest on award of insurance compensation in view of the death or injury - the orders calling upon the insurance company to pay the TDS/deduct TDS on the interest part, are not sustainable and are hereby set aside - HC

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