Deduction in compensation
(Querist) 18 September 2010
This query is : Resolved
sir'insurance co.can deduct the income tax in workman compensation amount or interest? what effect U/S 9 w.c.act?
(Expert) 21 September 2010
NO DEDUCTION OF INCOME TAX CAN BE MADE IN WORKMAN COMPENSATION AMOUNT OR ITS INTEREST.
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