https://www.taxtmi.com/caselaws?id=302106 The Court held that the Insurance Company was justified in deducting TDS on the interest component of the compensation as per Section 194-A of the Income Tax Act. The Tribunal's order directing the Insurance Company to pay the deducted TDS amount to the claimants was set aside, affirming the legality of the TDS deduction on the interest paid as part of the compensation. en-us Mon, 24 Jun 2019 00:00:00 +0530 Thu, 05 May 2022 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302106 The Court held that the Insurance Company was justified in deducting TDS on the interest component of the compensation as per Section 194-A of the Income Tax Act. The Tribunal's order directing the Insurance Company to pay the deducted TDS amount to the claimants was set aside, affirming the legality of the TDS deduction on the interest paid as part of the compensation. Case-Laws Income Tax Mon, 24 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302106