Denial of deduction u/s 80P(2) - assessee is in the Banking ...

Court Denies Section 80P(2) Deduction for Assessee Engaging in Banking with D Class Nominal Members, Not Credit Society Eligible.

March 26, 2020

Case Laws Income Tax AT

Denial of deduction u/s 80P(2) - assessee is in the Banking business accepts the deposits from the general public being D Class nominal members and also lend the funds - eligibility of nominal members - the nominal members are also eligible for the Benefits of credit society.

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Denial of deduction u/s 80P(2) - assessee is in the Banking ...

Court Denies Section 80P(2) Deduction for Assessee Engaging in Banking with D Class Nominal Members, Not Credit Society Eligible.

March 26, 2020

Case Laws Income Tax AT

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