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Income tax on cooperative societies

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(Querist)
29 August 2012 Sir/Madam,
Is it a must for a cooperative credit society to apply for TAN Number and PAN Number?
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Radhakrishnan K.V.

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Radhakrishnan K.V. (Expert)
15 April 2013 Deduction under sec.80(P) is available for employees society unless it comes under the control of RBI.SEC.85 of DTC will take away this benefit from all societies other than PACS and PCARD banks.

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