High Court Upholds Section 194N: Informational Circulars on Tax Deduction for Cash Withdrawals by Agricultural Co-ops Valid.

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....TDS u/s 194N - deduction of tax on cash withdrawal - Agricultural Co-operative Credit Society - The challenge to the impugned Circulars cannot be entertained as the District Central Cooperative Banks have, therein, merely sought to bring to the notice of the petitioner societies the statutory provisions in regard to deduction of tax, enjoining that they adhere to, and comply with the same, scrupulously - HC....