https://www.taxtmi.com/caselaws?id=238331 Conflicting Division Bench views on deduction of tax at source from enhanced compensation and interest on compensation justified reference of the writ petition to a Larger Bench. One view treated interest on delayed compensation as taxable and capable of being spread over the relevant years for computation, while another differed on the manner of TDS deduction in light of the State circular. Because the controversy involved the operation of TDS on compensation and related interest payments, the matter was sent for authoritative determination so the law could be settled clearly; the substantive TDS issue was not decided. en-us Mon, 07 Oct 2013 00:00:00 +0530 Mon, 21 Oct 2013 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238331 Conflicting Division Bench views on deduction of tax at source from enhanced compensation and interest on compensation justified reference of the writ petition to a Larger Bench. One view treated interest on delayed compensation as taxable and capable of being spread over the relevant years for computation, while another differed on the manner of TDS deduction in light of the State circular. Because the controversy involved the operation of TDS on compensation and related interest payments, the matter was sent for authoritative determination so the law could be settled clearly; the substantive TDS issue was not decided. Case-Laws Income Tax Mon, 07 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238331