Court Quashes 2011 Circular on TDS for Motor Accident Claims; Orders Refund with 12% Interest on Term Deposits.

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....TDS on interest accrued on the term deposits made by the Registry in terms of the orders passed by the Court in Motor Accident Claims cases - Circular, dated 14.10.2011, issued by the Income Tax Authorities quashed - amount ordered to be refunded with 12% interest - HC....