2007 (5) TMI 680

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....osit the amount of T.D.S. deducted from the compensation payable to the claimants-respondents amounting to Rs. 12,800, the petitioner insurance company has filed this petition. 2. It is the case of petitioner that as tax on the interest of the awarded amount is liable to be paid after deduction of income tax under Section 194-A of Income Tax Act, insurance company deposited the amount after deduc....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....indicated in the order, directions issued by the learned Claims Tribunal is proper, I am of the considered view that the aforesaid contention of Mr. N.D. Singhal cannot be accepted. The question of deduction of income tax under Section 194-A of the Income Tax Act from the amount of compensation to be paid has been considered and decided by Gujarat High Court in the case of United India Insurance C....