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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

TDS u/s 194A - the insurance company was not justified in ...


Insurance Firm Must Deposit Full Compensation; No Tax Deduction at Source Allowed u/s 194A.

September 12, 2016

Case Laws     Income Tax     HC

TDS u/s 194A - the insurance company was not justified in deducting tax at source while depositing the compensation in favour of the claimants. It therefore, cannot avoid liability of depositing such amount with the Claims Tribunal. - HC

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