Co-operative society providing Credits for Agricultural Purposes can be classified as Primary Agricultural Credit Society: Kerala HC set aside Income Tax Assessment Rejecting Deduction u/s 80 P

By Yogitha S. Yogesh - On October 25, 2023 5:00 pm - 2 mins read
Co-operative society - providing Credits for Agricultural Purposes - Primary Agricultural Credit Society - KERALA HIGH COURT - Income Tax Assessment - Rejecting Deduction Under Section 80 P - TAXSCAN

In a significant case, the Kerala High Court held that a Co-operative society providing Credits for Agricultural Purposes can be classified as a Primary Agricultural Credit Society and set aside the Income Tax Assessment which rejected the claim of deduction under Section 80 P of the Income Tax Act, 1961.s Malanad Service Co-operative Bank Ltd.,…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader