Tds on compensation

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 April 2016 Dear Experts,
One of our employee was death
During the working in factory however
It was decided that Rs. 3 Lakh will be
Paid to employee's family as compensation. Plz let me know weather TDS will attract on this compensation paid to employee family if yes how much

Thanx & Regard
Sanjay kushwah

CA SUNIL K GARG

CA SUNIL K GARG (Expert)
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28 April 2016 No TDS will be deducted as it not covered under any of the provisions of chapter XVII B of the Income Act, 1961.