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Income Tax - Highlights / Catch Notes

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Deduction u/s 80P(2)(i) - the assessee is not a recognized bank ...

Case Laws     Income Tax

June 28, 2019

Deduction u/s 80P(2)(i) - the assessee is not a recognized bank as per the provision of RBI and there is a difference between the Co-operative bank and in the Credit Co-operative Society - Assessee being a Credit Co-operative Society is not in the banking business, entitled for deduction u/s 80P

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