https://www.taxtmi.com/acts?id=19609 Amendments to section 194A require TDS computation to refer to income credited or paid by banking companies, co-operative societies or public companies that have adopted core banking solutions; expand the wording for payments by co-operative societies (excluding co-operative banks) to include income credited or paid by such societies; define co-operative bank by reference to the Banking Regulation Act; bring interest on compensation from Motor Accidents Claims Tribunals within the section with a small-amount threshold exemption for aggregate payments below the statutory limit; and substitute "including" for "excluding" in the specified Explanation. en-us Thu, 07 May 2015 13:20:09 +0530 Sat, 09 May 2015 12:25:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19609 Amendments to section 194A require TDS computation to refer to income credited or paid by banking companies, co-operative societies or public companies that have adopted core banking solutions; expand the wording for payments by co-operative societies (excluding co-operative banks) to include income credited or paid by such societies; define co-operative bank by reference to the Banking Regulation Act; bring interest on compensation from Motor Accidents Claims Tribunals within the section with a small-amount threshold exemption for aggregate payments below the statutory limit; and substitute "including" for "excluding" in the specified Explanation. Act-Rules F. Acts / Amendment Acts Thu, 07 May 2015 13:20:09 +0530 https://www.taxtmi.com/acts?id=19609