https://www.taxtmi.com/caselaws?id=191544 The High Court held that income tax liability on interest accrued on compensation should be calculated yearly and apportioned among claimants based on tax liability. The court found the executing court's direction for TDS deposit erroneous and beyond jurisdiction, setting it aside. Claimants were advised to approach Income Tax authorities for tax assessment and refund claims, emphasizing that income tax liability arises yearly and should be determined accordingly. en-us Mon, 22 Feb 2010 00:00:00 +0530 Thu, 06 Apr 2017 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191544 The High Court held that income tax liability on interest accrued on compensation should be calculated yearly and apportioned among claimants based on tax liability. The court found the executing court's direction for TDS deposit erroneous and beyond jurisdiction, setting it aside. Claimants were advised to approach Income Tax authorities for tax assessment and refund claims, emphasizing that income tax liability arises yearly and should be determined accordingly. Case-Laws Income Tax Mon, 22 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191544