https://www.taxtmi.com/caselaws?id=413021 The Court partially allowed the revision, setting aside interest granted to claimants post-deposit but deeming the TDS deduction by the Insurance Company as erroneous. The claimants were granted liberty to seek a refund from the Income Tax authority. The Court ruled in favor of the claimants, emphasizing the need for proper application of tax deduction provisions in line with the law, allowing the claimants to receive the deducted amount and directing the Insurance Company to seek withdrawal of the deposited amount from the Income Tax Department upon request. en-us Mon, 27 Sep 2021 00:00:00 +0530 Sat, 02 Oct 2021 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413021 The Court partially allowed the revision, setting aside interest granted to claimants post-deposit but deeming the TDS deduction by the Insurance Company as erroneous. The claimants were granted liberty to seek a refund from the Income Tax authority. The Court ruled in favor of the claimants, emphasizing the need for proper application of tax deduction provisions in line with the law, allowing the claimants to receive the deducted amount and directing the Insurance Company to seek withdrawal of the deposited amount from the Income Tax Department upon request. Case-Laws Income Tax Mon, 27 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413021