Court Rules Cooperative Banks Can Deduct Interest Income from SLR and Non-SLR Funds u/s 80P(2)(a)(i.

Deduction u/s 80P(2)(a)(i) - Co-operative Bank - The question as to whether the business is derived from or attributable to SLR or non-SLR funds would not make any difference for the purposes of qualifying the interest earned by the cooperative bank under Section 80P (2) (a) (i) - HC .....

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