Tds on interest awarded by court
This query is : Resolved
22 May 2014
whether TDS is deductible under section 194A for Interest payable to claiment as per court order on insurance claim.
22 May 2014
yes if intt limit is cross then you have to deduct TDS @ 10% u/s 194A
Message likes :
1 times
22 May 2014
you may go through this case law to have a better understanding:
http://taxguru.in/income-tax-case-laws/tds-interst-delayed-compenation-award-motor-vehicle-act.html
http://taxguru.in/income-tax-case-laws/tds-interst-delayed-compenation-award-motor-vehicle-act.html
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registration in the state of maharashtra
- Service Provider GST
- Causal labour
- 26QB last installment Query
- TDS on amenities like electriity / transformer
- TDS u/s 194Q in case of Section 8 company registered u/s 12A and 80G
- 26B Form submission
- RCM is applicable or not (labour Charges , loading and uloading charges)
- What is turnover in case of intra day trading?
- Input tax credit on officw kitchen furniture fixed to wall and drawers
- Alcohol (article 366(12A))
- Regarding demerger of firms
- Utilization of Electronic Cash Ledger in GST
- Investment discussion
- Domain Purchase-15CA & 15 CB
- Query regarding filling form 112 during articleship
- Input Credit available in Credit ledger
- If the GSTR1 filed after due date and the invoices mentioned GSTR1-A, will we be able to claim ITC o
- REGARDING RETIREMENT OF PARTNER
- Regarding consequences of retirement of partner in firm
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
