<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Assessee Society Qualifies for Tax Exemption u/s 80P(2)(a)(i) Despite Not Being a Cooperative Bank or Credit Society.</title>
    <link>https://www.taxtmi.com/highlights?id=14598</link>
    <description>Deduction u/s 80P(2)(a)(i) - Spcial auditor u/s 142A concluded that the assessee was not a primary agricultural credit society and was also not a cooperative bank - Once the primary activity of providing loans to its members has been undertaken by the assessee society, its entitlement for exemption u/s 80P(2)(a)(i) of the Act merits to be allowed. - AT</description>
    <language>en-us</language>
    <pubDate>Thu, 19 Sep 2013 12:20:22 +0530</pubDate>
    <lastBuildDate>Thu, 19 Sep 2013 12:20:22 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=300134" rel="self" type="application/rss+xml"/>
    <item>
      <title>Assessee Society Qualifies for Tax Exemption u/s 80P(2)(a)(i) Despite Not Being a Cooperative Bank or Credit Society.</title>
      <link>https://www.taxtmi.com/highlights?id=14598</link>
      <description>Deduction u/s 80P(2)(a)(i) - Spcial auditor u/s 142A concluded that the assessee was not a primary agricultural credit society and was also not a cooperative bank - Once the primary activity of providing loans to its members has been undertaken by the assessee society, its entitlement for exemption u/s 80P(2)(a)(i) of the Act merits to be allowed. - AT</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Thu, 19 Sep 2013 12:20:22 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=14598</guid>
    </item>
  </channel>
</rss>