https://www.taxtmi.com/caselaws?id=364165 The ITAT upheld the CIT(A)'s decisions in a case concerning a cooperative society engaged in banking activities. The ITAT ruled that the cooperative society was exempt from deducting TDS under Section 194A(3)(v) and deleted the demand raised due to non-submission of Form No. 15G/15H to the CIT(TDS). The judgment emphasized adherence to established precedents and clarified the tax liabilities and submission requirements for cooperative societies in banking business. All appeals filed by the Revenue were dismissed. en-us Wed, 18 Jul 2018 00:00:00 +0530 Mon, 23 Jul 2018 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364165 The ITAT upheld the CIT(A)'s decisions in a case concerning a cooperative society engaged in banking activities. The ITAT ruled that the cooperative society was exempt from deducting TDS under Section 194A(3)(v) and deleted the demand raised due to non-submission of Form No. 15G/15H to the CIT(TDS). The judgment emphasized adherence to established precedents and clarified the tax liabilities and submission requirements for cooperative societies in banking business. All appeals filed by the Revenue were dismissed. Case-Laws Income Tax Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364165