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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

TDS u/s 194A not deducted on interest paid on deposits - Special ...

Case Laws     Income Tax

April 24, 2015

TDS u/s 194A not deducted on interest paid on deposits - Special provision for deduction of TDS in case of Co-operative bank - ground that assessee is not liable to deduct tax at source dismissed - AT

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  8. TDS u/s 194A - interest paid to consumers on security deposit - Disallowance u/s. 40(a)(ia) ignoring the fact that average interest is merely Rs. 84/- per consumer and...

  9. The ITAT, an Appellate Tribunal, addressed the issue of TDS u/s 194A. The case involved delay interest charged by a broker, treated as finance cost, without TDS...

  10. TDS u/s 194A - TDS on the interest component of the compensation paid by insurance company - Tribunal has taken note of the fact that the TDS deducted by the petitioner...

  11. TDS u/s 194A - a cooperative bank was not required to deduct tax from the payment of interest on time deposits of its members paid or credited before 1st June 2015 - HC

  12. TDS to be deducted at the time of accrual of interest or prescribed interval only in case of time deposit u/s 194A by banks following CBS software

  13. TDS u/s 194A - Short deduction of tax /default in tax deduction on interest paid on FDR’s/KDR’s - the CBDT had clarified that on account of the Core Branch Banking...

  14. Prosecution for commission of offence u/s 276B r/w 278B - Sanction u/s 279(1) - TDS deducted but not deposited in time - The amount has already been deposited with...

  15. 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...

 

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