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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Non deduction of TDS - when it pays interest income to a member ...


Cooperative societies exempt from deducting tax on interest payments to members u/s 194A of the Income Tax Act.

February 6, 2015

Case Laws     Income Tax     AT

Non deduction of TDS - when it pays interest income to a member both on time deposits and on deposits other than time deposits, with such co-operative society, need not deduct tax at source u/s 194A - AT

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