The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) has held that TDS is not applicable in respect of payment of interest to its member by Co-operative Bank. M/s. Nagalambika Pattina Souharda Sahakari Niyamita, the assessee filed its ITR for AY. 2017-18 on 29.03.2018 showing a total income of Rs.NIL after claiming…
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