PANJAB NATIONAL BANK,DEHRADUN vs. THE ASSISTANT COMMISSIONER OF INCOME TAX (TDS) , DEHRADUN
In the result, all the appeals of the assessee are allowed
ITA 13/DDN/2020[2014-2015]Status: DisposedITAT Dehradun06 Aug 2021AY 2014-2015
Bench: Sh. Amit Shukladr. B. R. R. Kumarita No. 10/Ddn/2020 : Asstt. Year: 2011-12 Ita No. 11/Ddn/2020 : Asstt. Year: 2012-13 Ita No. 12/Ddn/2020 : Asstt. Year: 2013-14 Ita No. 13/Ddn/2020 : Asstt. Year: 2014-15 Ita No. 14/Ddn/2020 : Asstt. Year: 2015-16 Punjab National Bank, Vs Acit(Tds), Subhash Road Branch, Dehradun Dehradun (Appellantt (Respondent) Pan No. Mrtp02168F Assessee By : Sh. Vimal Kishore, Ca Revenue By : Sh. N. C. Upadhyaya, Sr. Dr Date Of Hearing: 12.07.2021 Date Of Pronouncement: 06.08.2021
For Appellant: Sh. Vimal Kishore, CAFor Respondent: Sh. N. C. Upadhyaya, Sr. DR
Section 10Section 10(25)Section 139Section 154Section 194Section 194ASection 194A(3)(f)Section 201(1)
194A will not apply to such institutions or class of institutions that the Central Government may notify in the official gazette. The Central Government vide Notification dated 15-5-1987 notified institutions for the purpose of the aforementioned section. Entry no 41 of the notification specifies any undertaking or body wholly financed by the Government.
3. For that the learned