Taxability on the Settlement Amount payable under the ...

US Court-Approved Settlement Faces 30% Income Tax Deduction Upon Transfer to Escrow Account.

August 30, 2012

Case Laws Income Tax AAR

Taxability on the Settlement Amount payable under the Stipulation pursuant to the judgment and Final approval of the US Court - applicant is required to deduct income-tax @ 30% when the settlement amount moves from the segregated account to the initial escrow account. - AAR

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Taxability on the Settlement Amount payable under the ...

US Court-Approved Settlement Faces 30% Income Tax Deduction Upon Transfer to Escrow Account.

August 30, 2012

Case Laws Income Tax AAR

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