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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

TDS u/s 194A on interest accrued on awarded amount - Motor ...


High Court: Insurance Companies Can't Deduct Tax on Interest from Motor Accident Claims u/s 194A.

December 5, 2017

Case Laws     Income Tax     HC

TDS u/s 194A on interest accrued on awarded amount - Motor Accident Claims - Insurance Company is not justified in deducting at source - it is for the Insurance Company to approach the Income Tax Department for refund and not the original claimants. - HC

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