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(Querist)
17 September 2008 Whether interest on motor accident claim received attracts the provisions of TDS.
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
19 September 2008 TDS provisions are attracted when-

Int on the compensation amount awarded by the Motor Accident Claims Tribunal (MACT) where the amount of such income credited or paid during the fy exceeds Rs 50,000/-

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