Wether a co-operative society is to deduct tax on interest paid to a member on his deposit while paying the interest
Lakshmisha. B. S (assisstant) (92 Points)
11 January 2012Wether a co-operative society is to deduct tax on interest paid to a member on his deposit while paying the interest
CA Neil Ganatra
(Partner - Gautam Joshi & Co.)
(871 Points)
Replied 11 January 2012
Tax will not be deductible.
@*CS Siddharth Bumb. *
(B.Com, CA Final, CS )
(5270 Points)
Replied 11 January 2012
agree with neil sir... tax will not be deducted...
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