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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Exemption u/s 80-P (2) (a) (i) - The question as to whether the ...


High Court: Interest from SLR and non-SLR funds both qualify for exemption under Income Tax Act Section 80P(2)(a)(i).

January 5, 2013

Case Laws     Income Tax     HC

Exemption u/s 80-P (2) (a) (i) - The question as to whether the business is derived from or attributable to SLR or non-SLR funds would not make any difference for the purposes of qualifying the interest earned by the cooperative bank under Section 80P(2)(a)(i) - HC

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