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2023 (7) TMI 87 - HC - Income TaxTDS liability on payment of Cash exceeding prescribed limit - Seeking exemption u/s 194N to the primary agricultural cooperative credit societies - HELD THAT:- CBDT directed to consider the representation of the Petitioners and decide the issue. Learned counsel for the petitioner relies on a judgment of the Hon'ble Supreme Court in the case of The Principal Commissioner of Income Tax 17, Mumbai v M/s Annasaheb Patil Mathadi Kamgar Sahakari Pathpedi Limited [2023 (5) TMI 372 - SC ORDER] deciding the question of whether that petitioner was a cooperative society and not a bank for the purpose of Section 80 P(4) of the Act, in favour of the society and adverse to the Department. The petitioner is at liberty to cite this judgment and any other decisions that it places reliance upon, before the authority hearing the request for exemption.
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