https://www.taxtmi.com/caselaws?id=431094 The tribunal allowed the appeal, ruling in favor of the assessee. The disallowance of interest payment under section 40(a)(ia) for non-deduction of TDS was deleted, amounting to Rs. 2,00,095 for A.Y. 2010-11. The tribunal considered the specific nature of the cooperative bank and legislative developments, concluding that TDS deduction on interest payments was not applicable to the assessee for the relevant assessment year. The delay in filing the appeal was condoned, and the decision was pronounced on September 29, 2022. en-us Thu, 29 Sep 2022 00:00:00 +0530 Mon, 05 Dec 2022 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431094 The tribunal allowed the appeal, ruling in favor of the assessee. The disallowance of interest payment under section 40(a)(ia) for non-deduction of TDS was deleted, amounting to Rs. 2,00,095 for A.Y. 2010-11. The tribunal considered the specific nature of the cooperative bank and legislative developments, concluding that TDS deduction on interest payments was not applicable to the assessee for the relevant assessment year. The delay in filing the appeal was condoned, and the decision was pronounced on September 29, 2022. Case-Laws Income Tax Thu, 29 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431094