Mvc compensation amount taxability

Mamta S Baslingker (Querist) 15 October 2014 This query is : Resolved
Mvc tribunal awarded the Amount
155000 with interest @6% pa.

But now The insurance company deposited the claim money by deducting some money as tax by themselves.

Is it legit? We are liable to receive full amount with interest.Who are they to deduct it as tax?

Is MVC compensation money taxable for the claimant??

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Devajyoti Barman (Expert) 15 October 2014
What is the actual order?

Mamta S Baslingker (Querist) 15 October 2014
court had ordered insurance Company liable to pay Amount of rupees 155000 With 6 % interest From the date of the petition till realization of entire amount.
But insurance company paid the amount by deducting 11000 as tds.
Does Insurance company has the right to do so beyond court order?

Anirudh (Expert) 15 October 2014
1. First one has to know, whether there are more than one legal heir in the case?

2. Whether while awarding the Compensation, the Court apportioned the compensation amount to various legal heirs?

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