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    <title>Income-tax Circular</title>
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    <description>Regional Rural Banks are deemed to be Co-operative Societies for purposes of the Income-tax Act under the Regional Rural Banks Act, 1976; therefore deductions available to co-operative societies under the Income-tax Act, including the provision for deductions applicable to cooperatives, must be allowed when assessing the income of Regional Rural Banks.</description>
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    <pubDate>Mon, 11 Jan 1982 00:00:00 +0530</pubDate>
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      <description>Regional Rural Banks are deemed to be Co-operative Societies for purposes of the Income-tax Act under the Regional Rural Banks Act, 1976; therefore deductions available to co-operative societies under the Income-tax Act, including the provision for deductions applicable to cooperatives, must be allowed when assessing the income of Regional Rural Banks.</description>
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      <pubDate>Mon, 11 Jan 1982 00:00:00 +0530</pubDate>
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