2011 (1) TMI 1109

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..... are aggrieved by the direction of the Income Tax Department to furnish details of depositors having more than Rs.1 lakh deposit with the bank.   According to the petitioner, if such information is divulged, it will affect the confidentiality of the transactions between the bank and the depositors, which would be detrimental to the very existence of the co-operative banking movement itself. & .....

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