https://www.taxtmi.com/caselaws?id=258921 The Tribunal upheld the requirement for the cooperative society to deduct TDS on interest payments exceeding Rs. 10,000 under specific provisions, rejecting the general exemption. However, the AO was directed to verify if payees declared income and paid taxes, potentially absolving the society from default. Appeals were allowed for statistical purposes pending verification. en-us Wed, 25 Mar 2015 00:00:00 +0530 Fri, 24 Apr 2015 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258921 The Tribunal upheld the requirement for the cooperative society to deduct TDS on interest payments exceeding Rs. 10,000 under specific provisions, rejecting the general exemption. However, the AO was directed to verify if payees declared income and paid taxes, potentially absolving the society from default. Appeals were allowed for statistical purposes pending verification. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258921