BPTP Limited Vs Terra Flat Buyers Association 2024 INSC 929 - Settlement- Consumer Case

Summary: As per the settlement in a consumer complaint, the appellants are required to pay the amount received from each of the complainants along with interest @ 9% per annum- whether the actual amount should be paid or it should be paid after deducting the TDS, as per the provisions of the Income Tax Act? Partly allowing appeal, SC observed: In the peculiar facts and circumstances of the case, we direct that the payment of interest should be made without deducting TDS.