Assessee granted deduction u/s 80P(2)(a)(i) for maintaining liquid funds despite not being a co-operative bank.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Deduction u/s 80-P – The assessee is not a co-operative Bank - To meet any eventuality, the assessee was required to maintain some liquid funds - benefit of deduction u/s.80P(2)(a)(i) granted - AT....