THE COMMISSIONER OF INCOME TAX vs. THE NATIONAL CO-OPERATIVE BANK LTD
Appeals are dismissed
ITA/604/2015HC Karnataka21 Jun 2016
Bench: JAYANT PATEL,B.SREENIVASE GOWDA
Section 260
viia) of
the
said
Sub
Section
are
applicable only in case of a non-
member depositor of the co-
operative bank, who shall receive
interest only on deposits other
than time deposits made on or
after 1st July, 1995 without TDS
Under Section 194A.
3. A question has also been
raised as to whether normal
members,
associate
members
and sympathizer
