tds on interest on compensation


Sir, who can deduct tds .can a general insurance company deduct tds on interest on award for compensation with interest.
an award passed by mact for 468000 rupees on16july2016with interest since 27 August 2015, Insurance company paid amount in November 2017and deducted 14558 rupees on72790 rupees interest . company deposited amount in income tax account in November 2017 without Pan No. so refund not received because pan no. not sow tds now in August 2019company given paper of tendering tax. can tds refundable now.

Apply for pan card and contact auditor to reimburse the TDs.



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