TMI BlogAssessing Officer to Verify 'Nominal Members' for Deductions u/s 80P of Income Tax Act: Key Considerations.Deduction U/s 80P - principles of mutuality - identity between contributor and participant - AO directed to verifying as to the rights, roles , entitlements , duties and responsibilities of these ‘Nominal Members. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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