ITO, MYSORE vs. THE MYSORE MERCHANT CO-OPERATIVE BANK LTD.,, MYSORE

Bench: Shri N.V. Vasudevan & Shri Jason P. Boaz

Exempt TDS to Non-Member Exempt TDS to be made Exempt be made According to him the above chart would

SOUTH INDIA FREIGHT CARRIERS ,BANGALORE vs. THE INCOME TAX OFFICER WARD-3(2)(4), BANGALORE

In the result, the appeal of the assessee is allowed

Bench: Shri B.R Baskaran & Shri Pavan Kumar Gadaleassessment Years : 2015-16

TDS certificates as these are not issued immediately by clients and Page 4 of 20 they are not able to approach the client again as they may have to move across the country for their business. B) It is, therefore, the Act has been amended to exempt

INCOME TAX OFFICER(TDS), HUBLI vs. GENERAL MANAGAR,, HUBLI

In the result, the appeals of the Revenue as well as the Cross-objection of the Assessee are dismissed

Bench: Shri. N. V. Vasudevan & Shri. Jason P. Boazi.T.A No.1191 To 1194/Bang/2014 (Assessment Year : 2009-10 To 2012-13) The Income Tax Officer (Tds) 3Rd Floor, Cr Bldg.Annexe, Navanagar, Hubli-580 025 .. Appellant Vs. The Hubli Urban Co-Operative Bank Ltd. Gf, Urban Bank Building, 1 Sir Siddappa Kambli Road, Hubli 580 020 .. Respondent Pan : Aaaah0120P C.O.Nos. 25 To 28/Bang/2015 In I.T.A No.1191 To 1194/Bang/2014 (Assessment Year : 2009-10 To 2012-13) The Hubli Urban Co-Operative Bank Ltd. Gf, Urban Bank Building, 1 Sir Siddappa Kambli Road, Hubli 580 020 .. Cross-Objector Pan : Aaaah0120P Vs. The Income Tax Officer (Tds) 3Rd Floor, Cr Bldg.Annexe, Navanagar, Hubli-580 025 .. Respondent Assessee By : Shri. G.V.Desai, Ca 1

TDS. On the other hand, clause (viia) of sub- section (3) of section 194A exempts from the requirement of TDS

M/S THE RADDI SAHAKARA BANK NIYAMITHA,DHARWAD vs. INCOME TAX OFFICER,, HUBLI

In the result, the appeals by the assessee are allowed, while the stay petitions are dismissed

Bench: Shri N.V. Vasudevan & Shri Jason P. Boaz

TDS. On the other hand, clause (viia) of sub-section (3) of section 194A exempts from the requirement of TDS

THE RADDI SAHAKARA BANK NIYAMITHA,DHARWAD vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE-2(1), HUBBALLI

In the result, the impugned order could not be faulted with

Bench: Shri Laxmi Prasad Sahu & Ms. Madhumita Royassessment Year : 2014-15

TDS. On the other hand, clause (viia) of sub-section (3) of section 194A exempts from the requirement of TDS

INCOME TAXOFFICER TDS WARD-1 , HUBBALLI vs. THE SARASWAT CO-OP BANK LTD , HUBBALLI

In the result, all the four appeals filed by the revenue are partly allowed for statistical purposes

Bench: Shri A.K. Garodia & Shri George George K

TDS were members or not? This is very important because the exemption from TDS requirement is only in respect of payment

INCOME TAX OFFICER TDS WARD-1 , HUBBALLI vs. THE SARASWAT CO-OP BANK LTD , HUBBALLI

In the result, all the four appeals filed by the revenue are partly allowed for statistical purposes

Bench: Shri A.K. Garodia & Shri George George K

TDS were members or not? This is very important because the exemption from TDS requirement is only in respect of payment

INCOME TAX OFFICER TDS WARD-1 , HUBBALLI vs. THE SARASWAT CO-OP BANK LTD , HUBBALLI

In the result, all the four appeals filed by the revenue are partly allowed for statistical purposes

Bench: Shri A.K. Garodia & Shri George George K

TDS were members or not? This is very important because the exemption from TDS requirement is only in respect of payment

INCOME TAX OFFICER WARD-1 , HUBBALLI vs. THE SARAWAT CO-OP BANK LTD , HUBBALLI

In the result, all the four appeals filed by the revenue are partly allowed for statistical purposes

Bench: Shri A.K. Garodia & Shri George George K

TDS were members or not? This is very important because the exemption from TDS requirement is only in respect of payment

THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE - 2(1), MANGALORE vs. KARNATAKA BANK LIMITED., MANGALORE

In the result, the appeal of the assessee is partly allowed for statistical purposes and the revenue’s appeal is dismissed

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K., Judciial Member Assessment Year : 2015-16

exemption from TDS to the NPCI is applicable from 17.62016 and the assessee is liable for deduction of TDS before

M/S. KARNATAKA BANK LIMITED,MANGALURU vs. THE DEPUTY COMMISSIONER OF INCOME TAX. CIRCLE- 2(1), MANGALURU

In the result, the appeal of the assessee is partly allowed for statistical purposes and the revenue’s appeal is dismissed

Bench: Shri Laxmi Prasad Sahu & Shri Soundararajan K., Judciial Member Assessment Year : 2015-16

exemption from TDS to the NPCI is applicable from 17.62016 and the assessee is liable for deduction of TDS before

STATE BANK OF INDIA ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX ( TDS), CIRCLE-3(1) , BANGALORE

In the result, the appeals of the assessee are dismissed

Bench: Shri Laxmi Prasad Sahu & Shri Keshav Dubeyassessment Year : 2016-17

TDS on the LTC reimbursement towards foreign travel by the employees of assessee and exempted from TDS ignoring the mandatory

KANTILAL JAIN,BANGALORE vs. INCOME TAX OFFICER, WARD-3(3)(1), BANGALORE

In the result, the appeal filed by the assessee is partly allowed for statistical purposes

Bench: Shri Chandra Poojariassessment Year: 2017-18

TDS, or under such heads of income taxable at such special rates.' 4.5 Ld. CIT(A) stated that the appellant further reiterated that Section 10(10D) contemplates exemption

ASHOK IRAPPA BANNUR ,BAGALKOT vs. PRINCIPAL COMMISSIONER OF INCOME TAX , BELAGAVI

In the result appeal filed by assessee stands allowed

TDS certificates as these are not issued immediately by clients and ITA No.2586/Bang/2018 they are not able to approach the client again as they may have to move across the country for their business. B) It is, therefore, the Act has been amended to exempt

ASSISSTANT COMMISSIONER OF INCOME TAX, TDS CIRCLE, HUBBALLI vs. M/S. DAVANAGERE URBAN CO-OP BANK LTD, DAVANAGERE

In the result, the appeal of the Revenue is dismissed

Bench: Shri B.R Baskaran & Smt. Beena Pillaiassessment Year : 2012-13

TDS on ITA No.1815 /Bang/2018 Page 3 of 12 interest payments made on term deposits, except in few cases, claiming that all depositors are its members and therefore members were exempt

ASSISTANT COMMISSIONER OF INCOME TAX, TDS - CIRCLE, HUBBALLI vs. M/S SHIMOGA DISTRICT CO-OPERATIVE CENTRAL BANK LTD, SHIVAMOGGA

In the result, the appeal by the revenue is dismissed

Bench: Shri Chandra Poojari & Smt. Beena Pillaiassessment Year: 2012-13

TDS. On the other hand, clause(viia) of Sub-Section (3) of Section 194A exempts from the requirement of TDS

M/S KANYAKAPARAMESHWARI CO-OPERATIVE BANK LIMITED ,MYSORE vs. THE ASSISTANT COMMISSIONER OF INCOME TAX CIRCLE-1(1), MYSORE

In the result, the assessee’s appeal for Assessment Year 2012-13 is partly allowed

Bench: Shri N. V. Vasudevan & Shri Jason P. Boazassessment Year : 2012-13 M/S. Kanyakaparameshwari Vs. The Assistant Commissioner Of Co-Operative Bank Limited, Income-Tax, K. R. Circle, Circle – 1[1], Mysuru – 570 001. Mysuru. Pan : Aacas 1220 M Appellant Respondent

exempt from deduction of TDS thereon under section 195A(3)(V) of the Act. 7.4.2 In our considered view, an appraisal

M/S. SYNDICATE BANK,BANGALORE vs. ASST. COMMISSIONER OF INCOME-TAX(TDS), BANGALORE

In the result, the assessee-Bank’s appeals are dismissed

Bench: Sis/Shri George George K., Jm & S.Jayaraman, Am

TDS compliance by the assessee in the case of salary and perquisite payments made to its employees. It was the stand of the A.O. that the assessee-Bank had erroneously allowed LFC exemption