Case Law Details
Case Name : Almora Urban Co-operative Bank Ltd Vs ITO (ITAT Delhi)
Related Assessment Year :
Courts :
All ITAT ITAT Delhi
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Brief of the case:
ITAT held in Almora Urban Co-operative Bank Ltd Vs ITO that TDS was not required to be deducted when co-operative society pays interest to its members as per sec 194A(3).
Facts of the case :
Assessee had paid interest to its members on term deposits without deducting TDS on it so, AO disallowed the expense and levied penalty u/s 201; aggrieved by which assessee challenged t
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
If the link provided in the article not working , you may please use the below link to download the full text of the above judgment:
indiankanoon.org/doc/105701142/?type=print
What about interest paid by co-operative bank to its members?