Cooperative societies exempt from deducting tax on interest payments to members u/s 194A of the Income Tax Act.

Cooperative societies exempt from deducting tax on interest payments to members u/s 194A of the Income Tax Act. https://www.taxtmi.com/highlights?id=21674 Non deduction of TDS - when it pays interest income to a member both on time deposits and on deposits other than time deposits, with such co-operative society, need not deduct tax at source u/s 194A - AT en-us Fri, 06 Feb 2015 12:37:28 +0530 Fri, 06 Feb 2015 12:37:28 +0530 TaxTMI RSS Generator Cooperative societies exempt from deducting tax on interest payments to members u/s 194A of the Income Tax Act. https://www.taxtmi.com/highlights?id=21674 Non deduction of TDS - when it pays interest income to a member both on time deposits and on deposits other than time deposits, with such co-operative society, need not deduct tax at source u/s 194A - AT Highlights Income Tax Fri, 06 Feb 2015 12:37:28 +0530 https://www.taxtmi.com/highlights?id=21674