Entity's Contradictory Claims: Cooperative Bank Status Flip-Flop for Section 80P Deduction Highlights Dual Benefits Attempt.

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....The case of the assessee can be easily summarised in a Hindi proverb- “Chitt bhee meri Pat bhee meri. ”To save itself from the penal provisions, it claimed that it was a cooperative bank and for claiming deduction u/s. 80P now it claims that it is not a cooperative bank. - AT....