WE ARE TO MAKE PAYMENT NEARY 8 LAKHS TO THE DEPANDANT OF AN EMPLOYEE WHO DIED IN OUR WORKING PREMISES. WHETHER TDS IS APPLICABLE ? UNDER WHICH SECTION?
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Tds on accidental compansation with interest
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TDS is required to be deducted only on the interest portion of the compenstion that too only if exceeds Rs. 50000/-
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