22 November 2021


News

Karnataka HC: Co-Op Society Under Karnataka Souharda Sahakari Act Eligible of Tax Deduction - 29.01.2020

Karnataka High Court has held that the entity registered under the Karnataka Souharda Sahakari Act, 1997 fits into the definition of “co-operative society” as enacted by Section 2(19) of the Income Tax (ITA) Act, 1961 for the purpose of tax deduction under Section 80P(1) of ITA.

Tags : Karnataka High Court Co-Operative Society

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