2015 (2) TMI 1373

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....are the claimants in MVC No.224/2003 on the file of the Civil Judge (Sr.Dn.) and Addl.MACT, Madikeri. The claim petition was allowed granting compensation of Rs.4,82,000/-. On an appeal filed by the petitioner-Insurance Company, the compensation amount was reduced to Rs.3,90,000/-. The petitioner-Insurance Company deposited the aforesaid amount with interest in a sum of Rs.1,42,802/- after deducti....

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....r- Insurance Company to deposit an amount of Rs.10,000/-, which was deducted towards TDS on Rs.50,000/-. 3. Having heard the learned Counsel for the petitioner- Insurance Company, I am of the view that the court below was not justified in directing the petitioner-Insurance Company to deposit a sum of Rs.10,000/- deducted by it towards TDS. Section 194-A(3)(ix) of the Income Tax Act, 1961 grants e....