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Income Tax - Highlights / Catch Notes

Home Highlights September 2011 Year 2011 This

Insurance company deducted TDS on interest payable to claimant ...


Insurance Company Incorrectly Deducted TDS on Compensation Interest; Claimant Entitled to Full Amount u/s 194.

September 27, 2011

Case Laws     Income Tax     HC

Insurance company deducted TDS on interest payable to claimant u/s 194 whereas the TDS was not required to be deducted - Claimant is entitled to received full amount of compensation - Insurance company is not correct in deducting TDS - HC

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