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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Deduction u/s 80P - the entities registered under the Karnataka ...

Case Laws     Income Tax

January 22, 2020

Deduction u/s 80P - the entities registered under the Karnataka Souharda Sahakari Act, 1997 fit into the definition of “co-operative society” as enacted in sec.2(19) of the Income Tax Act, 1961 and therefore subject to all just exceptions, petitioners are entitled to stake their claim for the benefit of sec.80P

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