https://www.taxtmi.com/caselaws?id=261758 The ITAT allowed all appeals filed by the assessee, setting aside the findings of the CIT(A) and directing the deletion of the impugned additions made under sec. 201(1) & 201(1A) of the Act. The judgment highlighted the importance of understanding the specific provisions of sec. 194A for cooperative banks and the significance of circulars issued by the CBDT in interpreting tax deduction requirements for interest payments to members. en-us Tue, 16 Jun 2015 00:00:00 +0530 Tue, 21 Jul 2015 17:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261758 The ITAT allowed all appeals filed by the assessee, setting aside the findings of the CIT(A) and directing the deletion of the impugned additions made under sec. 201(1) & 201(1A) of the Act. The judgment highlighted the importance of understanding the specific provisions of sec. 194A for cooperative banks and the significance of circulars issued by the CBDT in interpreting tax deduction requirements for interest payments to members. Case-Laws Income Tax Tue, 16 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261758