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Section 80P(2)(a)(i) Allows Deductions for Cooperative Societies' Member-Related Business Activities, No Prohibition Found.

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Full Text of the Document

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....Disallowance of deduction u/s 80P(2)(a)(i) of the Act – There is no prohibition u/s 80P not to allow deduction to such co-operative societies in respect of business relating to its members. - AT....