Poonawalla fincorps

Tds

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(Querist)
27 November 2014 int received on compensation from accidental claim insurance is liable for tds or not u/s 194 A
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
27 November 2014 Interest paid/credited on motor accident claims not covered under TDS up to Rs. 50000/-
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Rupesh Jain

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Rupesh Jain (Expert)
28 November 2014 intt will exempt rs. 50000/- if given under motor vehicle accidental tribunal and its limit consider for each compensation receiver.
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