Assessee, a co-operative society carrying on banking business, as per scheme of State Government of Tamil Nadu, transferred Government’s funds to current accounts of various co-operative societies maintained with it, who, in turn, had withdrawn amount in cash and distributed cash to ration card holders. Assessing Officer held  that the assessee made payment in cash in excess of threshold limits of rupees one crore in each case held that it was obliged to deduct tax at source under section 194N. Commissioner (Appeals)  affirmed the order of the Asessing Officer. On appeal  Tribunal restored  the matter to Commissioner (Appeals) for adjudication de novo in light of outcome of disposal of representation made by State Government of Tamil Nadu before Ministry of Finance, Government of India and CBDT seeking exemption for all those Primary Co-operative Credit Societies functioning in State of Tamil Nadu from purview of section 194N. (AY. 2020-21)