Saini Co Operative Tharift And Credit ... vs Cit(A)-16, Delhi on 20 December, 2024
a nd t he H on'ble Tela nga na a nd H on'bl e
Andhra Prades h Hi gh C ourt i n the c a se of Va veru C o-
operative R ural Bank Ltd. v. C IT [(2 017) 396 ITR to ok
a view t hat s uc h int eres t i ncome is attributabl e to t he
ac tivities of the soci ety a nd, therefore , eli gibl e for
exemption u/s.80P(2 )(a )(i) of the Ac t. The C oordi nat e
Bench of Pune Benches in the case of M/s. Ra tnatray
Gramin Bi gar Sheti Sah.