While filing ITR-5 for co operative housing soceity registered under co operative society act, I am not able to fill income details like interest on fixed deposits received by co operative housing society from another co operative bank since that schedule is disabled to fill any details. I am trying to fill ITR online. Kindly help me. Thanks in advance.
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Section 80 P deduction to Co operative housing society
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Quick Summary
I mean Schedule 80 P under list of schedules which appear at the start, even after ticking it at the end, that schedule is disabled and message is coming out that schedule 80 P is applicable only when co operative society is agricultural society or rural agricultural bank only.
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100% deduction is available under Section 80P towards the Profit And Gains attributable to following activities: Co-operative society carrying on the business of banking or providing credit facilities to the members of the society. Co-operative society engaged in cottage industry.
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