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Employee credit cooperative society

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Articles Assisstant
499 Points Posted on 02 September 2024
is the interest received on deposits from any regional banks is allowed for deduction under sec 80p?
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On 02 September 2024 at 11:56 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 15 September 2024

No.

Section 80P(2)(d):

  • Eligibility: Deductions are only applicable to interest and dividend income earned from co-operative societies and co-operative banks.
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On 15 September 2024 at 11:42


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