Tag: cooperative society

Deduction u/s 80P allowable despite loans by co-operative societies to members not related to agriculture

Deduction u/s 80P(2)(a)(i) allowable despite loans by co-operative societies to members not related to agriculture.  ABCAUS Case Law CitationABCAUS 3440 (2021) (01) SC Important case law relied referred:Chirakkal Service Co-operative Bank Ltd. v. CIT (2016) 384 ITR 490 (Ker.)Perinthalmanna Service Co-operative Bank Ltd. v. ITO and Anr.(2014) 363 …