Tds on mact claim (interest portion) for minor
This query is : Resolved
22 January 2016
Dear sir,
Whether interest portion of MACT claim to a MINOR and Interest portion of MACT claim in Bank account is liable to TDS?
Whether interest portion of MACT claim to a MINOR and Interest portion of MACT claim in Bank account is liable to TDS?
23 January 2016
A good discussion had took place on this topic- Please refer the following link of CCI-
https://www.caclubindia.com/experts/taxability-of-claim-receieved-under-motor-accident-6056.asp
https://www.caclubindia.com/experts/taxability-of-claim-receieved-under-motor-accident-6056.asp
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