Credit Co-operative Society Entitled to Deductions under Income Tax Act Section 80P(2)(i), Not Recognized as a Bank.

Credit Co-operative Society Entitled to Deductions under Income Tax Act Section 80P(2)(i), Not Recognized as a Bank. https://www.taxtmi.com/highlights?id=47518 Deduction u/s 80P(2)(i) - the assessee is not a recognized bank as per the provision of RBI and there is a difference between the Co-operative bank and in the Credit Co-operative Society - Assessee being a Credit Co-operative Society is not in the banking business, entitled for deduction u/s 80P en-us Fri, 28 Jun 2019 07:09:23 +0530 Fri, 28 Jun 2019 07:09:23 +0530 TaxTMI RSS Generator Credit Co-operative Society Entitled to Deductions under Income Tax Act Section 80P(2)(i), Not Recognized as a Bank. https://www.taxtmi.com/highlights?id=47518 Deduction u/s 80P(2)(i) - the assessee is not a recognized bank as per the provision of RBI and there is a difference between the Co-operative bank and in the Credit Co-operative Society - Assessee being a Credit Co-operative Society is not in the banking business, entitled for deduction u/s 80P Highlights Income Tax Fri, 28 Jun 2019 07:09:23 +0530 https://www.taxtmi.com/highlights?id=47518