https://www.taxtmi.com/caselaws?id=253095 The court set aside the notice from the Assistant Commissioner of Income Tax (ACIT) directing a bank to submit deposit details for the Registrar General of the Court. It also invalidated a circular from the Central Board of Direct Taxes (CBDT) and an order from the Deputy Commissioner of Income Tax, stating that the bank was not obligated to deduct TDS on interest accrued on deposits held by the Registrar General. The court clarified that the Registrar General is not the income recipient, and until a final beneficiary is determined, TDS deductions are unnecessary. en-us Tue, 11 Nov 2014 00:00:00 +0530 Thu, 18 Dec 2014 12:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253095 The court set aside the notice from the Assistant Commissioner of Income Tax (ACIT) directing a bank to submit deposit details for the Registrar General of the Court. It also invalidated a circular from the Central Board of Direct Taxes (CBDT) and an order from the Deputy Commissioner of Income Tax, stating that the bank was not obligated to deduct TDS on interest accrued on deposits held by the Registrar General. The court clarified that the Registrar General is not the income recipient, and until a final beneficiary is determined, TDS deductions are unnecessary. Case-Laws Income Tax Tue, 11 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253095