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Sec 80(p) deduction
is sec 80(p) deduction admissible for karnataka souhadra niyamit
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Summary: Karnataka Souharda Sahakari Act entities are generally eligible for Section 80P deductions as they qualify as co-operative societies under the Income Tax Act, provided they meet all specific statutory conditions, maintain the principle of mutuality, and are not classified as co-operative banks under Section 80P(4).
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