Misclassification of Assessee as Co-operative Bank u/s 80P(4) Affects Tax Benefits Eligibility for Co-operative Societies.

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....Eligibility for the benefits of u/s 80P(2)(a)(i) - it is a complete misnomer on the part of the Assessing Officer to treat the assessee as a co-operative bank within the meaning of Sec. 80P(4) of the Act without establishing that the assessee is a co-operative bank in the eyes of law.....