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Posts tagged "TDS on compensation"

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Tag: TDS on compensation

GST, TDS

Insurance Company not required to do TDS on the interest compensation awarded till 01.06.2015 even if the interest amount exceeds Rs.50,000 per claimant in the financial year: P & H HC

September 16, 2022 0 Comments
Insurance Company not required to do TDS on the interest compensation awarded till 01.06.2015 even if the interest amount exceeds Rs.50,000 per claimant in the financial year: P & H HC     251          IN THE HIGH COURT OF PUNJAB AND HARYANA AT ...
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IT Judgement

Any provision for deduction of tax at source in the said section would not govern the taxability of the receipt: P & H HC

September 15, 2022 0 Comments
Any provision for deduction of tax at source in the said section would not govern the taxability of the receipt: P & H HC Recently, the Punjab and Haryana High Court in the case of New India Assurance Company Limited versus ...
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Income Tax

Payment of interest for delay in construction of flats by the assessee was in fact damages though termed as interest and no tax was deductible at source under s. 194A.

July 3, 2021 0 Comments
Payment of interest for delay in construction of flats by the assessee was in fact damages though termed as interest and no tax was deductible at source under s. 194A.     There are instances where the extra payment is paid by ...
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