https://www.taxtmi.com/caselaws?id=401684 The appeal was partly allowed, highlighting the incorrect deduction of income tax by the Motor Accident Claim Tribunal. The Tribunal's decision to deduct income tax from the compensation awarded to the deceased's heirs was deemed incorrect as income tax should be levied on income accrued each year. The judgment directed the Insurance Company to deposit the compensation amount without any TDS deduction and emphasized the proper calculation and distribution of compensation among the legal representatives, in accordance with legal provisions and previous judgments. en-us Tue, 08 Dec 2020 00:00:00 +0530 Sun, 13 Dec 2020 19:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401684 The appeal was partly allowed, highlighting the incorrect deduction of income tax by the Motor Accident Claim Tribunal. The Tribunal's decision to deduct income tax from the compensation awarded to the deceased's heirs was deemed incorrect as income tax should be levied on income accrued each year. The judgment directed the Insurance Company to deposit the compensation amount without any TDS deduction and emphasized the proper calculation and distribution of compensation among the legal representatives, in accordance with legal provisions and previous judgments. Case-Laws Income Tax Tue, 08 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401684