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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

Claim of exemption u/s 80P (2) - interest derived by a ...

Income Tax

July 21, 2012

Claim of exemption u/s 80P (2) - interest derived by a Cooperative Bank from investment of funds with RBI or SBI is exempt u/s 80P (a) (i) irrespective of the fact that investment is made out of the reserve funds or working capital. - HC

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