Co-operative Credit Society qualifies for tax deduction u/s 80P(2)(a)(i), distinct from Co-operative Banks per Banking Regulation Act.

Co-operative Credit Society qualifies for tax deduction u/s 80P(2)(a)(i), distinct from Co-operative Banks per Banking Regulation Act. https://www.taxtmi.com/highlights?id=5290 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 en-us Wed, 12 Sep 2012 23:01:54 +0530 Wed, 12 Sep 2012 23:01:54 +0530 TaxTMI RSS Generator Co-operative Credit Society qualifies for tax deduction u/s 80P(2)(a)(i), distinct from Co-operative Banks per Banking Regulation Act. https://www.taxtmi.com/highlights?id=5290 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 Highlights Income Tax Wed, 12 Sep 2012 23:01:54 +0530 https://www.taxtmi.com/highlights?id=5290