IS DEDUCTION UNDER SECTION 80P(2)(a)(i) available TU CREDIT COOPERATIVE SOCIETY WHEN THE THE GROSS TOTAL INCOME OF CREDIT COOPERATIVE SOCIETY INCLUDES INTEREST INCOME FROM ANOTHER BANK AND OTHER INTEREST AND FROM ITS MEMBERS?
IS CREDIT COOPERATIVE SOCIETY ELIGIBLE TO TAKE DEDUCTION OF AN EQUAL AMOUNT TO GROSS TOTAL INCOME under above mentioned section?
Menu
DEDUCTION U/S 80P(2)(a)(i) If Interest income from another bank?
Replies (1)
interest income from co-operative banks is exempt under 80P. Not from other banks .
Recent Topics :
- GST ITC april 22
- GST PAYMENT REGARDING
- GST Consultation Required – June–Augus
- TDS Code for Salary Payment to Non-Resident Intern
- TDS on property
- Company data for software
- Car purchase to be eligible for ITC
- GST Refund on payment to builder
- TDS u/s 194Q on electricity supply by DHBVN etc.
- Subject: Can I Apply for Fresh GST Registration on
Related Topics :
CAclubindia
