https://www.taxtmi.com/caselaws?id=403156 The Tribunal allowed the appeal by the assessee, ruling in favor of the Co-operative Society regarding the deduction of tax at source on interest payments under section 194A for the assessment year 2015-16. The decision was based on the lack of obligation for tax deduction as per the Karnataka High Court ruling, leading to the deletion of the addition sustained by the CIT(A). en-us Thu, 31 Dec 2020 00:00:00 +0530 Wed, 20 Jan 2021 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403156 The Tribunal allowed the appeal by the assessee, ruling in favor of the Co-operative Society regarding the deduction of tax at source on interest payments under section 194A for the assessment year 2015-16. The decision was based on the lack of obligation for tax deduction as per the Karnataka High Court ruling, leading to the deletion of the addition sustained by the CIT(A). Case-Laws Income Tax Thu, 31 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403156