Tds on deposits of co-operative societies with bank

The provisions of Section 194A are to be tested in this question. Do the TDS apply to the Deposits of the Co-operative Societies with the Bank? In specific, what about the deposits of Co-op Housing Societies with the banks? Do the TDS provisions apply?

Replies (6)

Yes. TDS provisions do apply to CHS deposits with the bank

But practically many co-op banks are not applying TDS on deposits of Housing Societies. Now the question arises how do we take clear stand..

15G form need to be submitted every year in April for that FY. 

@ CA PRASAD KSHIRSAGAR

Could you exaggerate your facts. As I m not able to get what you meant. 

My question is co operative housing needs pan no?

Yes Co-op. hsg. Soc also have a pan no and can file return under itr 5

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details