TMI BlogDisallowance of deduction claimed u/s 80P - As it is clear from the byelaws and particularly primary...Disallowance of deduction claimed u/s 80P - As it is clear from the byelaws and particularly primary objects and principle business of the assessee that the assessee is not doing any activity falling in the purview of primary agricultural credit society or a primary cooperative agricultural and rural development bank. The assessee is neither providing any agriculture credit facility nor providing any service of rural development bank. The other conditions as provided under Banking Regulation Act..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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