Tag Archives: Welspun Aunta Simaria Project (P.) Ltd.

Interest paid to NHAI is exempt from TDS under Section 194A notification, negating default liability

By | October 13, 2026

Interest paid to NHAI is exempt from TDS under Section 194A notification, negating default liability Issue Whether National Highways Authority of India (NHAI) qualifies as a corporation established by a Central Act under Notification No. 3489 dated 22.10.1970 issued under Section 194A(3)(iii)(f). Whether an assessee paying interest on mobilization advances to NHAI is required to… Read More »