The Calcutta High Court has directed the Award Debtor to refund the Tax Deducted at Source (TDS) that was wrongly deducted while releasing decretal amounts payable under a final arbitral award. The bench of Justice Gaurang Kanth refused to grant interest on the refunded TDS amount, finding it a claim inequitable. The arbitral award had…
Calcutta HC Orders Refund of Wrongly Deducted TDS on Arbitral Award; Rejects Interest Claim
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Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 5+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started as a freelance tax reporter in the leading online legal news companies like LiveLaw & Taxscan.
