M/S. DISTRICT COOPERATIVE BANK LIMITED,SHAHJAHANPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1, BAREILLY
In the result, the appeal of assessee is allowed for statistical purposes
ITA 346/LKW/2019[2012-13]Status: DisposedITAT Lucknow30 Sept 2024AY 2012-13
Bench: Sh. Sudhanshu Srivastava & Sh. Nikhil Choudharya.Y. 2012-13 M/S District Cooperative Bank Deputy Commissioner Of Limited, Near Civil Court Road, Vs. Income Tax, Circle-I, Bareilly Shahjahanpur, U.P. Pan:Aaaad8759N (Appellant) (Respondent) Assessee By: Sh. B.P. Yadav, Adv Revenue By: Sh. Amit Singh Chauhan, Jcit Date Of Hearing: 13.08.2024 Date Of Pronouncement: 30.09.2024 O R D E R
For Appellant: Sh. B.P. Yadav, AdvFor Respondent: Sh. Amit Singh Chauhan, JCIT
Section 197ASection 197A(2)Section 201(1)Section 250Section 40
197A(2).
3. That the assesse relied on the similar case law in ITA
No.1854/Bang/2016 The Karur Vysya Bank Limited, ... vs Acit- Tds Circle,
Hubli on 9 August, 2017 paid the interest on term deposits without deducting TDS on the basis of Form 15G/15H collected from the respective bank customers under section