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51 results for “TDS”+ Section 194A(1)clear

Sorted by relevance

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Key Topics

Section 14855Section 4046TDS41Addition to Income38Section 194A32Section 80P(2)(d)25Section 14723Deduction19Disallowance18Section 143(3)

ASSISTANT COMMISSIONER OF INCOME TAX, CIRCLE 1, INCOME TAX DEPARTMENT vs. MANORAMA COOP BANK LTD, SOLAPUR

In the result, the appeal filed by the Revenue is dismissed

ITA 2157/PUN/2024[2013-14]Status: DisposedITAT Pune22 Apr 2025AY 2013-14

Bench: Shri Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2157/Pun/2024 िनधा"रण वष" / Assessment Year : 2013-14 Acit, Cricle-2, Solapur. Vs. Manorama Co-Op. Bank Ltd., Plot 4, 5, 6 Vijapur Road, Indiranagar S.O., Maharashtra- 413004. Pan : Aajfm6823C Appellant Respondent Revenue By : Ms. Shilpa N. C. Assessee By : Shri Pramod S. Shingte Date Of Hearing : 22.01.2025 Date Of Pronouncement : 22.04.2025 आदेश / Order Per Vinay Bhamore, Jm: This Appeal Filed By The Revenue Is Directed Against The Order Dated 15.07.2024 Passed By Ld. Cit(A)/Nfac For The Assessment Year 2013-14. 2. The Revenue Has Raised The Following Grounds Of Appeal :- “1) The Ld Cit(A), Nfac Has Erred In Admitting This Exemption U/S 194A (3)(V) To The Assessee For Non-Deduction Of Tds On Interest Credits Of Nominal Members Who Are Not Actual Member As Per Definition Of Person Who Is Eligible For Membership As Per Clause

For Appellant: Shri Pramod S. ShingteFor Respondent: Ms. Shilpa N. C
Section 143(2)Section 143(3)Section 147Section 148Section 194A

Showing 1–20 of 51 · Page 1 of 3

16
Section 142(1)15
Section 2814
Section 194A(3)(v)
Section 40

1) The Ld CIT(A), NFAC has erred in admitting this exemption u/s 194A (3)(v) to the assessee for non-deduction of TDS on interest credits of nominal members who are not actual member as per definition of person who is eligible for membership as per clause 2 no 4(ix) and Rule 9(d) of the By-laws

TOKAI SAHAKARI SAKHAR KARKHANA LTD,HINGOLI vs. INCOME TAX OFFICER, WARD-(1), JALNA, JALNA

Appeal is partly allowed in above terms

ITA 571/PUN/2023[2018-19]Status: DisposedITAT Pune16 Jan 2024AY 2018-19

Bench: Shri S.S.Godara & Shri G.D.Padmahshaliआयकर अपील सं. / Ita No.571/Pun/2023 िनधा"रण वष" / Assessment Year : 2018-19 Tokai Sahakari Sakhar Karkhana The Income Tax Officer, Ltd., Vs Ward-1, Jalna. Villag Kurunda, Taluka Basmath . District, Hingoli – 431512. Pan: Aaat6997Q Appellant / Assessee Respondent / Revenue Assessee By Shri Anand Partani – Ar Revenue By Shri M.G.Jasnani – Dr Date Of Hearing 16/01/2024 Date Of Pronouncement 16/01/2024

Section 194ASection 250Section 270ASection 37(1)Section 40aSection 43B

TDS u s 194A(1). The provisions of 194A(1) are not applicable on interest paid to banks and therefore the disallowance is bad in law and liable to be deleted. 6. On the basis of facts and circumstances of the case, the Ld CIT(A) has erred in disallowing interest expenses paid on late filing

VIJAY VYANKATRAO MANE,SADASHIV PEATH vs. ADDITIONAL COMMISSIONER , ADDL/JCIT(A)- CHANDIGARH

In the result, the appeal filed by the assessee is dismissed

ITA 1845/PUN/2024[2015-2016]Status: DisposedITAT Pune01 Apr 2025AY 2015-2016

Bench: Shri R. K. Panda & Ms. Astha Chandraassessment Year : 2015-16

For Appellant: Shri Pramod S ShingteFor Respondent: Shri Arvind Desai
Section 143(1)Section 143(1)(a)

194A of the Act. disallowance is required to be made as per section 40(a)(ia) of the Act. Therefore, the assessing Officer is directed to allow the interest expenditure after making verification of applicability of TDS provisions on interest and after making disallowance under section 40(a)(ia) of the Act, if required. Accordingly, the Ground

SOLAPUR JANATA SAHAKARI BANK LTD,,SOLAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE - 2,, SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 1770/PUN/2018[2010-11]Status: DisposedITAT Pune18 Jul 2022AY 2010-11

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

VYAPARI SAHAKARI BANK MARYADIT,SOLAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE -2, SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 521/PUN/2020[2013-14]Status: DisposedITAT Pune18 Jul 2022AY 2013-14

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

SOLAPUR SIDDESHWAR SAHAKARI BANK LTD ,SOLAPUR vs. ASST . COMMISSIONER OF INCOME TAX , CIRCLE -1 , SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 517/PUN/2020[2013-2014]Status: DisposedITAT Pune18 Jul 2022AY 2013-2014

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

VYAPARI SAHAKARI BANK MARYADIT,SOLAPUR vs. INCOME-TAX OFFICER, WARD 2(4), SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 520/PUN/2020[2012-13]Status: DisposedITAT Pune18 Jul 2022AY 2012-13

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

SAMARTH SAHAKARI BANK LTD ,SOLAPUR vs. ASST . COMMISSIONER OF INCOME TAX , CIRCLE - 2 , SOLAPUR, SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 518/PUN/2020[2010-2011]Status: DisposedITAT Pune18 Jul 2022AY 2010-2011

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

SOLAPUR JANATA SAHAKARI BANK LTD.,,PUNE vs. INCOME-TAX OFFICER WARD - 2(4), SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 25/PUN/2021[2012-13]Status: DisposedITAT Pune18 Jul 2022AY 2012-13

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

SOLAPUR SIDDESHWAR SAHAKARI BANK ,SOLAPUR vs. ASST . COMMISSIONER OF INCOME TAX , CIRCLE -2, SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 516/PUN/2020[2011-2012]Status: DisposedITAT Pune18 Jul 2022AY 2011-2012

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

SOLAPUR JANATA SAHAKARI BANK LTD,PUNE vs. ACIT., CIR-2, SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 24/PUN/2021[2011-12]Status: DisposedITAT Pune18 Jul 2022AY 2011-12

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

MANDHESHWARI URBAN DEVELOPMENT CO-OP BANK LTD,,SOLAPUR vs. ASSISTANT COMMISSIONER OF INCOME-TAX, CIRCLE -1,, SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 1153/PUN/2018[2013-14]Status: DisposedITAT Pune18 Jul 2022AY 2013-14

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

SAMARTH SAHAKARI BANK LTD,SOLAPUR vs. ASST . COMMISSIONER OF INCOME TAX , CIRCLE -2 , SOLAPUR, SOLAPUR

In the result, the appeal filed by the assessee in ITA

ITA 519/PUN/2020[2011-2012]Status: DisposedITAT Pune18 Jul 2022AY 2011-2012

Bench: Shri Inturi Rama Rao & Shri S. S. Viswanethra Ravisl.

For Appellant: Shri Pramod Shingte
Section 148Section 194ASection 40

TDS on the interest paid on deposits received from the following categories, who are not members of appellant society: Sr. No. Name of Entity 1 HUF 2 Un Registered Partnership Firms 3 Unregistered Trusts 4 Minor (Not Adult Individual) 5 Co-operative Societies 6 AOP Therefore, AO was of the opinion that addition under the provisions of section

HEMANT ENTERPRISES,NASHIK vs. ACIT, CIRCLE 1, NASHIK, NASHIK

In the result, appeal filed by the assessee is partly allowed

ITA 394/PUN/2025[2019-20]Status: DisposedITAT Pune30 Dec 2025AY 2019-20

Bench: Shri Rama Kanta Panda, Vice- & Ms. Astha Chandra

For Appellant: Shri Deepa Khare-AdvocateFor Respondent: Shri A.D. Kulkarni, DR
Section 143(1)Section 154Section 199Section 234A

194A, section 194B, section 194BB, section 194C, section 194D, section 194E, section 195 and section 196A, the assessee shall not be called upon to pay the tax himself to the extent to which tax has been deducted from that income." 8 ITA.No.394/PUN/2025 (Hemant Enterprises) 20. From the language of section 205, it is clear that once

KUDALE AGRO FOODS,PUNE vs. INCOME TAX OFFICER, CIRCLE-14, PUNE, PUNE

In the result, the appeal of the assessee is treated as allowed for statistical purposes

ITA 1619/PUN/2024[2017-18]Status: DisposedITAT Pune07 Feb 2025AY 2017-18

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Pramod S. ShingteFor Respondent: Shri Ramnath P. Murkunde
Section 143(2)Section 143(3)Section 197Section 201(1)Section 40

1) of the Act which also applies to the provisions of section 40(a)(ia) of the Act held that where deductee being recipient of income has already paid taxes on amount received from deductor, the department once again cannot recover tax from deductor on same income by treating deductor to be assessee-in-default for shortfall in its amount

NANASAHEB BHAGAWAN SASAR,PUNE vs. ITO, WARD 2(2), PUNE, PUNE

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

ITA 722/PUN/2025[2022-23]Status: DisposedITAT Pune22 Sept 2025AY 2022-23

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Suhas BoraFor Respondent: Shri Ramnath P Murkunde
Section 139(4)Section 143(1)Section 154Section 194ASection 234A

194A @ 1% amounting to Rs.13,00,000/- in the name of the assessee only. Accordingly, in the return of income, the assessee claimed full amount of TDS deducted and credited to his account as reflected in Form 26AS amounting to Rs.13,00,000/-. However, the long term capital 2 ITA No.722/PUN/2025, AY 2022-23 gain on the said transaction

PARVATI STEEL RE ROLLING MILLS PRIVATE LIMITED,MUMBAI vs. ACIT, CC-2, AURANGABAD, AURANGABAD

In the result, the appeal filed by the assessee is partly allowed

ITA 1741/PUN/2024[2013-14]Status: DisposedITAT Pune23 May 2025AY 2013-14

Bench: Shri R. K. Panda & Shri Vinay Bhamoreassessment Year : 2013-14

For Appellant: Shri Rajkumar Singh (Virtual)For Respondent: Shri Arvind Desai, Addl CIT DR
Section 142(1)Section 144Section 147Section 148Section 194ASection 69A

section 147 of the Income Tax Act, 1961 (hereinafter referred to as „the Act‟) and thereafter issued notice u/s 148 2 on 31.03.2021. The notice was duly served upon the registered e-mail of the assessee. However, no return of income in response to the said notice was filed. Subsequently, the Assessing Officer issued notices u/s 142(1

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-12 PUNE, PUNE vs. JANATA GRAHAK MADHYAWARTI SAHKARI SANGH MARYADIT, PUNE

In the result, the appeal of the Revenue in ITA No

ITA 1746/PUN/2024[2017-18]Status: DisposedITAT Pune18 Feb 2025AY 2017-18

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Kishor B. PhadkeFor Respondent: Shri Amol Khairnar
Section 142(1)Section 147Section 148Section 263Section 80P(2)(d)

194A (3) of the Act, it appears that it provides for exemption from deducting Tax Deducted at Source [„TDS‟ for short] from the income on interest other than interest on securities as the cooperative societies other than cooperative banks meaning thereby that the cooperative banks are liable to deduct TDS from the interest other than interest on securities. Therefore

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-12 PUNE, PUNE vs. JANATA GRAHAK MADHYAWARTI SAHKARI SANGH MARYADIT, PUNE

In the result, the appeal of the Revenue in ITA No

ITA 1745/PUN/2024[2016-17]Status: DisposedITAT Pune18 Feb 2025AY 2016-17

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Kishor B. PhadkeFor Respondent: Shri Amol Khairnar
Section 142(1)Section 147Section 148Section 263Section 80P(2)(d)

194A (3) of the Act, it appears that it provides for exemption from deducting Tax Deducted at Source [„TDS‟ for short] from the income on interest other than interest on securities as the cooperative societies other than cooperative banks meaning thereby that the cooperative banks are liable to deduct TDS from the interest other than interest on securities. Therefore

DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 12 PUNE, PUNE vs. JANATA GRAHAK MADHYAWARTI SAHKARI SANGH MARYADIT, PUNE

In the result, the appeal of the Revenue in ITA No

ITA 1747/PUN/2024[2020-21]Status: DisposedITAT Pune18 Feb 2025AY 2020-21

Bench: Shri R.K. Panda & Ms. Astha Chandra

For Appellant: Shri Kishor B. PhadkeFor Respondent: Shri Amol Khairnar
Section 142(1)Section 147Section 148Section 263Section 80P(2)(d)

194A (3) of the Act, it appears that it provides for exemption from deducting Tax Deducted at Source [„TDS‟ for short] from the income on interest other than interest on securities as the cooperative societies other than cooperative banks meaning thereby that the cooperative banks are liable to deduct TDS from the interest other than interest on securities. Therefore