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Compensation to victims of motor accidents is not income, no TDS can be deducted

On 02.06.2016 the High Court of Madras has come out with a landmark judgment in a Revision Petition being titled as ‘The Managing Director, Tamil Nadu State Transport Corporation (Salem) Ltd. v. Chinnadurai’ filed under Article 227 of the Constitution of India. The High Court while interpreting the word ‘compensation’ awarded under the Motor Vehicles Act in reference to the…

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Updated: June 12, 2016 — 10:58 pm

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