https://www.taxtmi.com/caselaws?id=301679 The court directed the insurance company to satisfy the award without applying Tax Deducted at Source (TDS) and allowed the claimant to withdraw the award amount upon identification. All execution petitions related to the TDS issue were stayed pending a decision from a larger bench. The court emphasized the need for a consistent approach to the applicability of TDS on interest in motor accident claims and referred the matter to the Chief Justice for consideration by a larger bench. en-us Thu, 14 May 2020 00:00:00 +0530 Fri, 15 Apr 2022 08:52:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301679 The court directed the insurance company to satisfy the award without applying Tax Deducted at Source (TDS) and allowed the claimant to withdraw the award amount upon identification. All execution petitions related to the TDS issue were stayed pending a decision from a larger bench. The court emphasized the need for a consistent approach to the applicability of TDS on interest in motor accident claims and referred the matter to the Chief Justice for consideration by a larger bench. Case-Laws Income Tax Thu, 14 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301679