In the result, appeal of the Revenue stands partly allowed for statistical purposes
Bench: Before Shri George Mathan, Judicial & Manish Agarwal Manish Agarwal
iii) Interest payment on deposits other than time deposit by a co-operative society engaged in the business of banking other than those mentioned in section 194A(3)(viia)(a) of the Act. [Section 194A(3)(viia)(b) of the Act] Therefore, as per the provisions of section 194A(1) read with provisions of sections 194A(3