https://www.taxtmi.com/caselaws?id=471533 Section 194A(3)(v) excludes tax deduction at source on interest income paid by one co-operative society to another co-operative society. Interest paid by a district co-operative bank to primary agricultural credit societies on their fixed deposits falls within this exemption, as both payer and recipients are co-operative societies. Such interest payments are therefore not subject to tax deduction at source. en-us Fri, 18 Oct 2019 00:00:00 +0530 Tue, 08 Sep 2026 10:48:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471533 Section 194A(3)(v) excludes tax deduction at source on interest income paid by one co-operative society to another co-operative society. Interest paid by a district co-operative bank to primary agricultural credit societies on their fixed deposits falls within this exemption, as both payer and recipients are co-operative societies. Such interest payments are therefore not subject to tax deduction at source. Case-Laws Income Tax Fri, 18 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471533