https://www.taxtmi.com/manuals?id=5634 Section 56(cciia) defines co-operative society as a society registered under Central or State co-operative laws. The statutory concept of co-operative bank is limited to state, central and primary co-operative banks; only such qualifying co-operative banks, as understood with the NABARD Act, may be treated as banking companies and obtain a licence under Section 22 of the Banking Regulation Act. en-us Thu, 24 Oct 2024 10:48:00 +0530 Wed, 18 Jun 2025 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5634 Section 56(cciia) defines co-operative society as a society registered under Central or State co-operative laws. The statutory concept of co-operative bank is limited to state, central and primary co-operative banks; only such qualifying co-operative banks, as understood with the NABARD Act, may be treated as banking companies and obtain a licence under Section 22 of the Banking Regulation Act. Manuals Indian Laws Thu, 24 Oct 2024 10:48:00 +0530 https://www.taxtmi.com/manuals?id=5634