VALSAD DISTRICT CENTRAL CO.OP. BANK LTD.,,VALSAD vs. THE ADDL. CIT, VALSAD RANGE,, VALSAD
In the result, the appeal of the assessee is partly allowed
ITA 1336/AHD/2015[2010-11]Status: DisposedITAT Surat20 Feb 2019AY 2010-11
Bench: Shri Kul Bharat & Shri O. P. Meena
Section 143Section 197Section 197ASection 40
disallowance of interest expenses of Rs.9,17,159 under section 40(a)(ia) of the Act.
3. Succinctly, facts as culled out from the orders of lower authorities are that the assessee bank has not deducted TDS on interest paid/credited amounting to Rs.
3,12,322 to individuals/ trust etc. on the ground that it has obtained Form No. 15H/15G
