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Income-tax Circular

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Full Text of the Document

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....;         All Commissioners of Income-tax, Sir, A question has arisen whether Regional Rural Banks (to which the provisions of the Regional Rural Banks Ac....

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Full Text of the Document

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....be deemed to be a Co-operative Society." 3. Therefore, the provisions of section 80P of the Income-tax Act, 1961, will also be applicable in respect of Regional Rural Banks. In this view deductions....

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