2013 (2) TMI 204

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..... uthority and Ganga Jal Pariyojna, Ghaziabad – Held that these are the corporation established under the State Act, covered under entry no.39 where any Corporation established by a Central, State or Provincial Act is a notified institution, the provisions of section 194(1) are not applicable – Since these are the notified institution under section 194A(3)(iii)(f), therefore, the provisions of sect .....

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..... .T. Act, 1961. 3. That the interest so charged and deposited of short charge of TDS is excessive, arbitrary and uncalled for. 2. The assessee is a branch of nationalized bank. A survey conducted on 02.02.2008 at the branch of the assessee. The discrepancy in the amount of tax deduction at source noted in respect of interest paid to Ghaziabad Development Authority and Ganga Jal Pariyojna, Ghaz .....

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..... uthority has been established under the Uttar Pradesh Urban Planning and Development Act, 1993, therefore, it is a Corporation established by a State Act which is covered by Entry No.39. 3. On the other hand, the learned DR relied on the orders of the authorities below. 4. We have heard both the sides and after hearing, we hold that Ghaziabad Development Authority and Ganga Jal Pani Pariyojna .....

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