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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Exemption from TDS on the interest income received - The terms ...


Society under Travancore-Kochi Act 1955 not exempt from TDS on interest income, per notification terms.

January 16, 2013

Case Laws     Income Tax     HC

Exemption from TDS on the interest income received - The terms of the notification itself show that a society like the petitioner which is registered under the Travancore-Kochi Literary Scientific and Charitable Societies Registration Act 1955 are not exempted from the levy of TDS. - HC

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