Home / 
Section 40A(2)(b) Disallowance: Excess Benefits to Interested Members, Not Applicable to Cooperative Societies.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Disallowance u/s.40A(2)(b) - excess benefit, beyond reasonableness, to the member having substantial interest - provisions of section 40(A)2(b) are not applicable to co-operative society.....


TaxTMI
TaxTMI