Section 194A TDS not deductible on interest paid to Agra Development Authority: SC

Union Bank of India Vs Additional Commissioner of Income Tax (TDS) (Supreme Court of India)

Whether the appellant was required by the provisions of Section 194A of the Income Tax Act 1961 to deduct tax at source on payments of interest made to the Agra Development Authority.

The issue which is raised in the present appeals is covered by the judgment of a two-Judge Bench of this Court in Please become a Premium member. If you are already a Premium member, login here to access the full content.