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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Co-operative Credit Society is distinct and separate from the ...

Case Laws     Income Tax

September 12, 2012

Co-operative Credit Society is distinct and separate from the Co-operative Bank nor it can be said as a Primary Co-operative Bank within the meaning of Banking Regulation Act, 1949. Hence, the assessee being a Co-operative Credit Society is entitled for deduction u/s. 80 P(2)(a)(i) - AT

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