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Tds on arbitration award

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22 June 2019 Arbitrator(Arbitration and Reconciliation Act 1996) awarded an amount of Rs.90 lakhs with interest as compensation in favour to a firm which agreed and worked on build own and operate basis.Now interest comes to Rs.60 lakhs. Is TDS applicable in this case.If applicable how can be deducted?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
22 June 2019 194A TDS at 10% on interest and 194C 2% TDS on compensation to be deducted.
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