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Income Tax - Highlights / Catch Notes

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Validity of deduction of TDS u/s 194A on interest - Motor ...

Income Tax

February 23, 2023

Validity of deduction of TDS u/s 194A on interest - Motor Accident Claims - Enhanced Principal - The Insurance Company is directed to pay the TDS amount deducted on the interest component of the claim amount, uptill the date of the High Court Judgment along with 9% interest. - HC

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