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1 - 10 of 24 (0.45 seconds)Section 80P in The Income Tax Act, 1961 [Entire Act]
The Banking Regulation Act, 1949
The Bihar Finance Act, 2006
Section 3 in Kerala University Act, 1974 [Entire Act]
The Co-Operative Societies Act, 1912
M/S.Perrorkada Service Co-Op Bank Ltd, ... vs The Ito, Trivandrum on 26 June, 2019
(supra), have no hesitation in, respectfully following the same,
holding that the appellant-societies in the instant case/sas eligible for deduction
u/s. 80P as claimed.In this, we also take into account the absence of any finding of
the lending being in violation of s. 59 of the Kerala Act, as well as the decision in
CIT v. Peroorkada Service Co-op. Bank Ltd. [2022] 442 ITR 141 (Ker) holding
investment in cooperative banks as not impeding the deduction on interest thereon.