https://www.taxtmi.com/caselaws?id=362984 The Tribunal held that the cooperative bank was not required to deduct TDS on interest payments exceeding Rs. 10,000 to its members for the assessment year 2012-13. The specific exemption under Section 194A(3)(v) for cooperative societies prevailed over the general provision of Section 194A(3)(i)(b). The appeal was allowed, directing the Assessing Officer to permit the expenditure of Rs. 1,09,16,354. en-us Wed, 04 Jul 2018 00:00:00 +0530 Thu, 05 Jul 2018 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362984 The Tribunal held that the cooperative bank was not required to deduct TDS on interest payments exceeding Rs. 10,000 to its members for the assessment year 2012-13. The specific exemption under Section 194A(3)(v) for cooperative societies prevailed over the general provision of Section 194A(3)(i)(b). The appeal was allowed, directing the Assessing Officer to permit the expenditure of Rs. 1,09,16,354. Case-Laws Income Tax Wed, 04 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362984