https://www.taxtmi.com/caselaws?id=182769 The Court directed the respondents to deposit the awarded amount and allowed the applicants to withdraw a specific sum without deduction of income tax at source. It ruled that interest merged into the award is not subject to TDS deduction under section 194A(3)(ix) of the Income Tax Act, 1961. The Court applied principles from a Gujarat High Court judgment to interpret the provision regarding interest received by claimants, establishing a procedure for future cases before the Motor Accidents Claims Tribunal to ensure compliance with income tax deduction requirements. en-us Thu, 17 Dec 2009 00:00:00 +0530 Wed, 23 Aug 2023 18:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182769 The Court directed the respondents to deposit the awarded amount and allowed the applicants to withdraw a specific sum without deduction of income tax at source. It ruled that interest merged into the award is not subject to TDS deduction under section 194A(3)(ix) of the Income Tax Act, 1961. The Court applied principles from a Gujarat High Court judgment to interpret the provision regarding interest received by claimants, establishing a procedure for future cases before the Motor Accidents Claims Tribunal to ensure compliance with income tax deduction requirements. Case-Laws Income Tax Thu, 17 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182769