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Income-tax Officer, Bundi Versus Shree Keshorai Patan Sahakari Sugar Mill And Vice-Versa

Deduction u/s 80P eligibility - entire income of the assessee for the year under consideration is only from interest on deposits made with bank as well as cooperative banks - AO disallowed the claim of the assessee in toto, on the ground that the assessee is not in the business of banking or not providing credit facilities to its members - Held that - As regards the deduction u/s 80P(2)(d) the issue stands decided for the AY 2013-14 and accordingly, the order of the Ld. CIT(A) to the extent of t....... + More

 

 

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Income-tax Officer, Bundi Versus Shree Keshorai Patan Sahakari Sugar Mill And Vice-Versa

 

 

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