Bombay High Court Allows Writ Petition Challenging TDS Deduction on Interest Component of Motor Accident Compensation. Interest on compensation under Motor Vehicles Act is not 'income' and TDS cannot be deducted under Income Tax Act.
8 Feb 2023The petitioner, Balkrishna Mhaske, through his wife Latabai, filed a writ petition challenging the deduction of Tax at Source (TDS) on the interest co...
