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2016 (7) TMI 748 - HC - Income TaxTDS u/s 194A - whether Co-operative Bank was required to deduct tax while paying interest to its members on time deposits? - Held that:- The Ministry of Finance, Government of India vide Circular No.19/2015 in F.No.142/14/2015- TPL, has held that the Co-operative Banks are not required to deduct tax at source on time deposits of its members paid or credited on or before 1.7.2015. In view of the aforesaid circular, this appeal does not survive for consideration and is according ly dismissed. - Decided in favour of assessee
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