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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Interest income earned by a credit cooperative society on the ...


Credit Cooperative Societies' Interest from FDRs with Nationalized Banks Exempt u/s 80P(2) of Income Tax Act.

April 25, 2016

Case Laws     Income Tax     AT

Interest income earned by a credit cooperative society on the FDRs with nationalized bank would qualify for grant of exemption under section 80P(2) - AT

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