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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

T.D.S. liability u/s 194A on interest due on Time Deposit ...


Cooperative Society Not Required to Deduct TDS on Interest Payments to Members u/s 194A of Income Tax Act.

July 22, 2015

Case Laws     Income Tax     AT

T.D.S. liability u/s 194A on interest due on Time Deposit received - assessee is a cooperative society - ll the interest payments have been made only to its members - Not liable to TDS - AT

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