MACT Act

Querist : Anonymous (Querist) 26 April 2011 This query is : Resolved
Can anyone give me any recent judgement of any HC or SC which says that the claim amount as awarded by the tribunals are to be / not to be deducted of TDS by the insurance cos. mainly in the case of compensation amounts awarded in Accident cases.

tnkhs

ranganathan

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Arvind Singh Chauhan (Expert) 26 April 2011
I do require this please members help.

Parveen Kr. Aggarwal (Expert) 26 April 2011
Compensation is never considered as income. TDS is deducted only on income. Compensation amount cannot be subject to deduction of TDS.

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