Deduction u/s 80P(a)(i) disallowed to the assessee - Principle ...

Section 80P Deduction Denied for Banking Entities Due to Mutuality Principle; Only Certain Societies Eligible.

March 5, 2015

Case Laws Income Tax AT

Deduction u/s 80P(a)(i) disallowed to the assessee - Principle of mutuality - These are involved in banking activity by obtaining necessary permissions. Only incomes of such banking societies are not made eligible to claim deduction under 80P - AT

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Deduction u/s 80P(a)(i) disallowed to the assessee - Principle ...

Section 80P Deduction Denied for Banking Entities Due to Mutuality Principle; Only Certain Societies Eligible.

March 5, 2015

Case Laws Income Tax AT

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