Assessee Not a Primary Co-operative Bank, Section 80P(4) Inapplicable, Eligible for Deduction u/s 80P(2)(a)(i.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Assessee has not to be regarded to be a primary co-operative bank as all the three basic conditions are not complied with –thus, it is not a co-operative bank and the provisions of Sec. 80P(4) are not applicable – the Assessee is entitled for deduction u/s 80P(2)(a)(i) - AT....