https://www.taxtmi.com/highlights?id=56436 TDS u/s 194A - Associate Members of Co-operative Society - the assessee is able to collect deposit from them and also lend the money to them. Hence, we are of the view that the associate members should be construed as “members” only for the purpose of sec.194A since the definition of the term “member” should be construed as given in sec. 2(f) of the Karnataka Co-operative Societies Act, 1959. - AT en-us Fri, 22 Jan 2021 11:31:12 +0530 Fri, 22 Jan 2021 11:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56436 TDS u/s 194A - Associate Members of Co-operative Society - the assessee is able to collect deposit from them and also lend the money to them. Hence, we are of the view that the associate members should be construed as “members” only for the purpose of sec.194A since the definition of the term “member” should be construed as given in sec. 2(f) of the Karnataka Co-operative Societies Act, 1959. - AT Highlights Income Tax Fri, 22 Jan 2021 11:31:12 +0530 https://www.taxtmi.com/highlights?id=56436