https://www.taxtmi.com/caselaws?id=277417 The tribunal dismissed the appeal of the co-operative bank, holding it liable to deduct TDS on interest paid to members on term deposits exceeding Rs. 10,000 under Section 194A(3)(viia). The tribunal rejected the exemption claimed under Section 194A(3)(v) and the reliance on CBDT Circular No. 9/2002, emphasizing the distinction between a co-operative bank and a co-operative society for TDS purposes. The appeal was dismissed, affirming the order of the CIT(A). en-us Mon, 05 Jan 2015 00:00:00 +0530 Mon, 19 Jul 2021 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277417 The tribunal dismissed the appeal of the co-operative bank, holding it liable to deduct TDS on interest paid to members on term deposits exceeding Rs. 10,000 under Section 194A(3)(viia). The tribunal rejected the exemption claimed under Section 194A(3)(v) and the reliance on CBDT Circular No. 9/2002, emphasizing the distinction between a co-operative bank and a co-operative society for TDS purposes. The appeal was dismissed, affirming the order of the CIT(A). Case-Laws Income Tax Mon, 05 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277417