https://www.taxtmi.com/caselaws?id=411431 The Court ruled in favor of the Petitioners, holding that the amounts payable under the Recovery Warrant and Consent Terms were compensatory and not subject to Tax Deducted at Source (TDS) under the Income Tax Act. Respondent Nos. 4 to 7 were directed to pay the deducted TDS amount to the Petitioners and comply with the remaining payments without TDS deductions. The Court scheduled further consideration for the 6th installment on 25th August 2021. en-us Wed, 18 Aug 2021 00:00:00 +0530 Wed, 25 Aug 2021 11:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411431 The Court ruled in favor of the Petitioners, holding that the amounts payable under the Recovery Warrant and Consent Terms were compensatory and not subject to Tax Deducted at Source (TDS) under the Income Tax Act. Respondent Nos. 4 to 7 were directed to pay the deducted TDS amount to the Petitioners and comply with the remaining payments without TDS deductions. The Court scheduled further consideration for the 6th installment on 25th August 2021. Case-Laws Income Tax Wed, 18 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411431