CANARA BANK (E-SYNDICATE) BANDRA WEST II BRANCH,MUMBAI vs. INCOME TAX OFFICER, TDS , MUMBAI
In the result, both the appeal under consideration are allowed
ITA 6312/MUM/2025[2016-17]Status: DisposedITAT Mumbai03 Dec 2025AY 2016-17
Bench: Shri Narender Kumar Choudhry & Ms. Renu Jauhri
For Appellant: Shri S. Ananthan & Mrs. Lalitha Rameswaran, Ld. ARsFor Respondent: Shri Virabhadra S. Mahajan, Ld. Sr. D.R
Section 133Section 201(1)Section 250
condoned.
6. Coming to the merits of the case, we observe that the AO on receiving the information from the Exemption Wing, of the Income
Tax Department, Mumbai, to the effect that no TDS was deducted by the banks on the interest payments made on fixed deposits to Slum Rehabilitation Authority (SRA), verified the traces system and other departmental sources