CITIZENCREDIT CO-OPERATIVE BANK LTD (MAROL BRANCH),MUMBAI vs. ITO (TDS)-WARD 1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS and interest. The Commissioner of Income-tax (Appeals) upheld the AO's order.", "held": "The Tribunal held that specific provisions of Section 194A(3)(i)(b) and 194A(3)(viia)(b) of the Income-tax Act, 1961, which apply to co-operative societies engaged in banking, override the general exemption provided under Section 194A(3)(v

CITIZEN CREDIT CO-OPERATIVE BANK LTD (GOREGAON BRANCH),MUMBAI vs. ITO (TDS)-1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS and interest. The Commissioner of Income Tax (Appeals) upheld the AO's order.", "held": "The Tribunal held that the specific provisions of Section 194A(3)(i)(b) and 194A(3)(viia)(b) of the Income-tax Act, which deal with cooperative societies engaged in banking business, override the general exemption provided under Section 194A(3)(v

CITIZEN CREDIT CO-OPERATIVE BANK LTD (AMBOLI BRANCH),MUMBAI vs. ITO (TDS)-1(1)(4), MUMBAI

TDS. He has referred to the provisions of section\n194A(3)(1)(b) and 194A(3)(viia)(b) of the Act and submitted that these are specific\nprovisions directly dealing with the fact situation of the assessee, which is a Co-\noperative bank. On the other hand, the provisions of section 194A(3)(v

CITIZENCREDIT CO-OPERATIVE BANK LIMITED (MANORI BRANCH),MUMBAI vs. ITO (TDS)-WARD 1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS. He has referred to the provisions of section\n194A(3)(1)(b) and 194A(3)(viia)(b) of the Act and submitted that these are specific\nprovisions directly dealing with the fact situation of the assessee, which is a Co-\noperative bank. On the other hand, the provisions of section 194A(3)(v

CITIZENCREDIT CO OPERATIVE BANK LIMITED ,(FOUR BUNGALOWS BRANCH) vs. ITO (TDS)1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS and interest. The CIT(A) upheld the AO's order.", "held": "The Tribunal held that specific provisions of Section 194A(3)(i)(b) and 194A(3)(viia)(b) related to co-operative societies engaged in banking business prevail over the general provisions of Section 194A(3)(v

CITIZENCREDIT CO-OPERATIVE BANK LIMITED (MAHIM BRANCH),MUMBAI vs. ITO (TDS) WARD 1(1)(4), MUMBAI

Appeal of the assessee is partly allowed for statistical purposes

TDS. He has referred to the provisions of section 194A(3)(1)(b) and 194A(3)(viia)(b) of the Act and submitted that these are specific provisions directly dealing with the fact situation of the assessee, which is a Co- operative bank. On the other hand, the provisions of section 194A(3)(v

CITIZENCREDIT CO OPERATIVE BANK LIMITED( FOUR BUNGALOWS BRANCH) ,MUMBAI vs. ITO (TDS)1(1)(4), MUMBAI

TDS. He has referred to the provisions of section\n194A(3)(1)(b) and 194A(3)(viia)(b) of the Act and submitted that these are specific\nprovisions directly dealing with the fact situation of the assessee, which is a Co-\noperative bank. On the other hand, the provisions of section 194A(3)(v

CITIZEN CREDIT CO-OPERATIVE BANK LTD (GOREGAON BRANCH),MUMBAI vs. ITO (TDS)-1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

v). Therefore, the assessee was liable to deduct TDS on interest payments exceeding Rs. 10,000/-.", "result": "Dismissed", "sections": [ "194A", "201(1)", "201(1A)", "80P(2)(d)" ], "issues": "Whether the assessee, a Co-operative bank, was liable to deduct TDS on interest paid to other Co-operative societies under Section 194A, or if it was exempt under Section 194A(3

CITIZENCREDIT CO OPERATIVE BANK LIMITED ( SANTACRUZ BRANCH),MUMBAI vs. ITO (TDS) 1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS on interest paid to other cooperative societies, considering the specific provisions of Section 194A(3)(i)(b) and 194A(3)(viia)(b) vis-à-vis the general exemption under Section 194A(3)(v

CITIZEN CREDIT CO.OPERATIVE BANK LTD.,,MUMBAI vs. ITO (TDS)-1(1)(4),, MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS and levied tax and interest. The CIT(A) upheld the AO's order.", "held": "The Tribunal held that specific provisions of Section 194A(3)(i)(b) and 194A(3)(viia)(b) of the Income-tax Act, which deal with Co-operative societies engaged in banking, would prevail over the general provisions of Section 194A(3)(v

CITIZEN CREDIT CO-OPERATIVE BANK LTD (KALINA BRANCH),MUMBAI vs. ITO (TDS)-1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

sections": [ "194A(1)", "194A(3)(i)(b)", "194A(3)(v)", "194A(3)(viia)(b)" ], "issues": "Whether the assessee, a cooperative bank, is liable to deduct TDS

CITIZEN CREDIT CO-OPERATIVE BANK LTD,MUMBAI vs. ITO (TDS)-1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS on interest payments exceeding the specified threshold.", "result": "Dismissed", "sections": ["Section 194A(1)", "Section 194A(3)(i)(b)", "Section 194A(3)(v

CITIZENCREDIT CO-OPERATIVE BANK LIMITED (HILL ROAD BRANCH),MUMBAI vs. ITO (TDS) WARD 1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS and interest. The Commissioner of Income Tax (Appeals) upheld the AO's order.", "held": "The Tribunal held that specific provisions of Section 194A(3)(i)(b) and 194A(3)(viia)(b) of the Income-tax Act, which deal with cooperative societies engaged in banking, override the general provisions of Section 194A(3)(v

CITIZENCREDIT CO OPERATIVE BANK LIMITED (SANTACRUZ BRANCH),MUMBAI vs. ITO (TDS)-1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS.", "result": "Dismissed", "sections": [ "194A", "201", "201(1)", "201(1A)", "194A(1)", "194A(3)(i)(b)", "194A(3)(viia)(b)", "194A(3)(v

CITIZENCREDIT CO OPERATIVE BANK LIMITED (KULA BRANCH),MUMBAI vs. ITO (TDS) WARD 1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS.", "result": "Dismissed", "sections": [ "Section 194A", "Section 250", "Section 201(1)", "Section 201(1A)", "Section 194A(3)(v)", "Section 194A

CITIZENCREDIT CO-OPERATIVE BANK LIMITED (MANORI BRANCH),MUMBAI vs. ITO (TDS)-WARD 1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS. He has referred to the provisions of section\n194A(3)(1)(b) and 194A(3)(viia)(b) of the Act and submitted that these are specific\nprovisions directly dealing with the fact situation of the assessee, which is a Co-\noperative bank. On the other hand, the provisions of section 194A(3)(v

CITIZEN CREDIT CO-OPERATIVE BANK LTD (CHEMBUR BRANCH),MUMBAI vs. ITO (TDS)-1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS. He has referred to the provisions of section\n194A(3)(1)(b) and 194A(3)(viia)(b) of the Act and submitted that these are specific\nprovisions directly dealing with the fact situation of the assessee, which is a Co-\noperative bank. On the other hand, the provisions of section 194A(3)(v

CITIZEN CREDIT CO-OPERATIVE BANK LTD (MALAD BRANCH),MUMBAI vs. ITO (TDS)-1(1)(4), MUMBAI

In the result, the appeal of the assessee is partly allowed for statistical\npurposes

TDS under section 194A of the Income-tax Act, 1961.", "held": "The Tribunal held that the specific provisions of Section 194A(3)(i)(b) and 194A(3)(viia)(b) of the Act, which apply to Co-operative societies engaged in banking, override the general provisions of Section 194A(3)(v