TDS u/s 194A(3)(ix) - TDS on accrued interest on the ...

Interest on Motor Accident Compensation Not Taxable as Income, Exempt from TDS u/s 194A(3)(ix.

September 8, 2023

Case Laws Income Tax HC

TDS u/s 194A(3)(ix) - TDS on accrued interest on the compensation amount - compensation and interest thereupon awarded by Motor Accident Claims Tribunal, by no stretch of imagination, can be said to be ‘income’ rather same being ‘damages’ granted by court on account of injury or death in accidental cases, cannot be subjected to TDS u/s 194A - HC

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TDS u/s 194A(3)(ix) - TDS on accrued interest on the ...

Interest on Motor Accident Compensation Not Taxable as Income, Exempt from TDS u/s 194A(3)(ix.

September 8, 2023

Case Laws Income Tax HC

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