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Income Tax - Highlights / Catch Notes

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Deduction u/s 80P - interest received on deposits with Sub ...

Income Tax

June 19, 2018

Deduction u/s 80P - interest received on deposits with Sub Treasury - investment in treasury/banks and earning interest on the same is part of the banking activity of the assessee’s cooperative bank THUS said income is eligible for deduction u/s 80P(2)(a)(i)

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