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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Liability of Insurance Company to deduct income tax at source ...


Insurance Companies Exempt from TDS on Interest Paid with Compensation under Motor Vehicles Act, 1988.

April 11, 2018

Case Laws     Income Tax     HC

Liability of Insurance Company to deduct income tax at source (TDS) on the interest paid on the compensation paid under Motor Vehicles Act, 1988 - the interest paid along with the compensation as a result of the order of the Tribunal or of the superior Court is not liable for TDS. - HC

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