Karnataka Souharda Sahakari Act entities recognized as "co-operative societies" under Income Tax Act, eligible for section 80P deductions.

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....Deduction u/s 80P - the entities registered under the Karnataka Souharda Sahakari Act, 1997 fit into the definition of “co-operative society” as enacted in sec.2(19) of the Income Tax Act, 1961 and therefore subject to all just exceptions, petitioners are entitled to stake their claim for the benefit of sec.80P....