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Deduction allowable to co. op housing society

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26 November 2014 If a Co. op society gets interest on FD from an coperative bank then whether deduction u/s 80P allowed or not and if yes whether there is any limit for the same
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CA Galib Mirza

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CA Galib Mirza (Expert)
26 November 2014 Hi Pankaj
Under section 80P(h), no limit has been specfied for Interest Income received to a co-operative society on the Fixed Deposit in a Co-Operative Bank.
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CA Galib Mirza

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CA Galib Mirza (Expert)
26 November 2014 Hi Pankaj
Under section 80P(h), no limit has been specfied for Interest Income received to a co-operative society on the Fixed Deposit in a Co-Operative Bank.
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