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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

TDS u/s 194A on Interest accrued on Compensation awarded under ...

Case Laws     Income Tax

August 10, 2019

TDS u/s 194A on Interest accrued on Compensation awarded under the Motor Vehicle Act - Interest for the period from the date of the Claim Petition till passing of the award or the judgment is not taxable and hence no TDS liability - However, interest for delayed deposit of award after the decision, is taxable.

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