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
ITA 1192/BANG/2014[2010-11]Status: DisposedITAT Bangalore20 Mar 2015AY 2010-11
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
For Appellant: Shri. G.V.Desai, CAFor Respondent: Dr.P.K.Srihari, Addl.CIT
Section 194Section 194ASection 194A(1)Section 201Section 201(1)Section 51
226 r/w
Art. 227 of the Constitution of India and thereby challenged the validity of the
impugned circular and the competency of CBDT to issue a circular contrary to
the provisions of Sec.194A(3)(v) of the Act. The Hon’ble Bombay High Court
held that Sec. 194A(3)(v) grants an exemption from TDS to income credited or
paid
