https://www.taxtmi.com/caselaws?id=178231 Notices requiring TDS statements and particulars of interest credited above the stated threshold were treated as compliance measures under the Income-tax Act rather than as section 133(6) notices. The Department could verify the records furnished, but the burden of preparing a separate list of accounts generating interest above the threshold was not to be shifted onto the societies. That part of the demand was also kept subject to the outcome of pending Supreme Court proceedings. For exemption from TDS, Primary Agricultural Credit Societies had to establish continuing statutory status and compliance with the amended definition under the Kerala Co-operative Societies Act; a mere classification certificate was insufficient. Limited interim protection was granted while the petitioners were allowed to prove eligibility. en-us Fri, 14 Sep 2012 00:00:00 +0530 Thu, 25 Jan 2018 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178231 Notices requiring TDS statements and particulars of interest credited above the stated threshold were treated as compliance measures under the Income-tax Act rather than as section 133(6) notices. The Department could verify the records furnished, but the burden of preparing a separate list of accounts generating interest above the threshold was not to be shifted onto the societies. That part of the demand was also kept subject to the outcome of pending Supreme Court proceedings. For exemption from TDS, Primary Agricultural Credit Societies had to establish continuing statutory status and compliance with the amended definition under the Kerala Co-operative Societies Act; a mere classification certificate was insufficient. Limited interim protection was granted while the petitioners were allowed to prove eligibility. Case-Laws Income Tax Fri, 14 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178231