https://www.taxtmi.com/caselaws?id=371992 The Court held that compensation under the Employees' Compensation Act is not taxable income, including interest awarded. The deduction of income tax by the Insurance Company was deemed illegal. The Court directed the Income Tax Officer to refund the TDS amount and instructed the Insurance Company to address the balance amount claimed by the claimants. The petition was disposed of with directions to vacate the interim order, emphasizing compliance with legal provisions in compensation matters. en-us Thu, 25 Oct 2018 00:00:00 +0530 Sat, 15 Dec 2018 09:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371992 The Court held that compensation under the Employees' Compensation Act is not taxable income, including interest awarded. The deduction of income tax by the Insurance Company was deemed illegal. The Court directed the Income Tax Officer to refund the TDS amount and instructed the Insurance Company to address the balance amount claimed by the claimants. The petition was disposed of with directions to vacate the interim order, emphasizing compliance with legal provisions in compensation matters. Case-Laws Income Tax Thu, 25 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371992