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Tds on m.a.c.t. award interest

(Querist) 12 May 2013 This query is : Resolved 
Sir,
There is lof of confusion on TDS on MACT Interest. It is clear that it is taxable.
But the problem is for Insurance Companies....
Some company prepare cheque for amount of TDS deducted and give these cheques to MACT COURT along with award amount cheque.......
Some deposit TDS amount with INCOME TAX
Who is right....
In first case the claimant get both amount instantly from MACT i.e. award amount+Interest and TDS amount
In another case the claimant get only Award amount + Interest anf for TDS amount he is given FORM16A and he has to file return with Income Tax to get it refund.....
Is there any judgement in this regard ... if any please provide....
I am aware of some judgement in which judge writes in judgement that TDS amount deducted should be deposited with court... In some judgement judge instruct not to deduct TDS....
please guide us in this matter......
adv. rajeev ( rajoo ) (Expert) 13 May 2013
TDS deducted cheque to court is wrong. Deposit of TDS amount with IT dept., is right procedure.
asgari (Querist) 14 May 2013
THANKS.. BUT I WANT SOME CONCRETE PROOF FOR THESE.... WHY SOME COMPANY ARE GIVING CHEQUES OF TDS AMOUNT TO MACT COURT....
asgari (Querist) 14 May 2013
THANKS.. BUT I WANT SOME CONCRETE PROOF FOR THESE.... WHY SOME COMPANY ARE GIVING CHEQUES OF TDS AMOUNT TO MACT COURT....
Ganesh babu (Expert) 15 May 2013
we dont need to deduct tds for government deductees,

Please refer section 194A(3)iii of incometax act
Raj Kumar Makkad (Expert) 15 May 2013
Court is bound to deposit TDS with IT department in such cases.
Sadashiv Rupchand Gaikwad (Expert) 16 June 2013
for detail about to visit www.tin-nsdl.com and www.tds.cpc.go.in


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