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Court Orders Insurance Company to Refund TDS on Motor Accident Claim Interest with 9% Additional Interest Per Section 194A.
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....Validity of deduction of TDS u/s 194A on interest - Motor Accident Claims - Enhanced Principal - The Insurance Company is directed to pay the TDS amount deducted on the interest component of the claim amount, uptill the date of the High Court Judgment along with 9% interest. - HC....