Co-operative Banks Are Exempt From TDS Under Section 194A(3)(v) On Interest Paid To Non-Member Co-operative Societies
Co-operative Banks Are Exempt From TDS Under Section 194A(3)(v) On Interest Paid To Non-Member Co-operative Societies Issue Whether a co-operative bank paying interest on fixed deposits to non-member co-operative societies is entitled to exemption from deducting tax at source (TDS) under Section 194A(3)(v). Whether the co-operative bank can be treated as an “assessee-in-default” under Section… Read More »