https://www.taxtmi.com/caselaws?id=326530 The Appellate Tribunal ITAT BANGALORE upheld the decision of the CIT (Appeals) in favor of a co-operative society engaged in banking services, ruling that the society was not required to deduct tax at source under Section 194A(3)(v) of the Income Tax Act when making interest payments to its members or other co-operative societies. The Tribunal cited relevant provisions and precedents, dismissing the Revenue's appeals and confirming the society's entitlement to the exemption. en-us Wed, 24 Feb 2016 00:00:00 +0530 Sat, 16 Apr 2016 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326530 The Appellate Tribunal ITAT BANGALORE upheld the decision of the CIT (Appeals) in favor of a co-operative society engaged in banking services, ruling that the society was not required to deduct tax at source under Section 194A(3)(v) of the Income Tax Act when making interest payments to its members or other co-operative societies. The Tribunal cited relevant provisions and precedents, dismissing the Revenue's appeals and confirming the society's entitlement to the exemption. Case-Laws Income Tax Wed, 24 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326530