Merely because a co-operative society is carrying on the ...
Co-operative societies in banking can claim Section 80P tax deductions unless classified as a cooperative bank u/s 80P(4).
July 26, 2017
Case Laws Income Tax AT
Merely because a co-operative society is carrying on the business of banking, the deduction u/s 80P could not be denied unless it comes within the ambit of cooperative bank as contemplated u/s 80P(4).
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