2016 (1) TMI 83

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....e Akil Kureshi ) 1 Petitioners are insurance companies. They have made the following substantive prayer in the petition: "23(A) This Honourable Court may be pleased to issue a writ or writ in the nature of mandamus, order or direction clarifying the issue of Tax Deducted at Source in view of the amendment introduced in Section 194A of the Income Tax Act by Finance Act, 2015 with effect from 01.....

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....s /Insurance Companies have prayed for a clarification on the question of their liability to deduct tax at source arising out of the amended section 194-A. 3. This Court would not act as advisory jurisdiction in abstract. Surely, the insurance companies have access to expert legal advise. As an agency required to deduct tax at source under the Act, it is their duty to avail of such legal advise a....