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THE COMMISSIONER OF INCOME TAX, DR. B.R. AMBEDKAR ROAD, BELGAUM AND THE JOINT COMMISSIONER OF INCOME TAX, BIJAPUR RANGE, BIJAPUR. Versus THE BAGALKOT DISTRICT CENTRAL CO-OP. BANK

2016 (7) TMI 748 - KARNATAKA HIGH COURT

TDS 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 .....

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. - Decided in favour of assessee - ITA No.100116 OF 2014 - Dated:- 16-12-2015 - MR.JUSTICE S. ABDUL NAZEER AND MR.JUSTICE P.S.DINESH KUMAR FOR THE APPELLANT : SRI Y.V.RAVIRAJ, ADV. FOR THE RESPONDENT : SRI A.SHANKAR, ADV. JUDGMENT In this appeal by .....

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ndia 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. The relevant portion of the circular reads a .....

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