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Supreme Court Seeks Union's View On TDS Liability On Interest Accrued On Motor Accident Compensation
Gursimran Kaur Bakshi
2 Oct 2024 4:31 PM IST
The Supreme Court on October 1 sought the views of the Union and Income Tax Department on the applicability of Tax Deduction at Source (TDS) on the interest liability over and above Rs. 50,000 compensation awarded in Motor Accident Claims. A bench of Justices M.M. Sundresh and Justice Aravind Kumar was hearing a writ petition which sought a slew of directions to facilitate the process...
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Gursimran Kaur Bakshi
Gursimran is the Principal Correspondent with LiveLaw for the Supreme Court. She can be reached out at: simrankaurbakshi@livelaw.in
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