co-operative society
This query is : Open
18 November 2008
whether the provisions of sec. 269ss & 269T is applicable to primary agriculture credit society
18 November 2008
These sections applies to every person and in the definition of person co-operative society is also included.
However the provision of this section shall not apply to a loan or deposit where the person from whom the loan or deposit is taken or accepted the person by whom loan or deposit is taken or accepted are both having agriculture income and neither of them has any income chargeable to tax under this act.
However the provision of this section shall not apply to a loan or deposit where the person from whom the loan or deposit is taken or accepted the person by whom loan or deposit is taken or accepted are both having agriculture income and neither of them has any income chargeable to tax under this act.
18 November 2008
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