Penalty for Cash Loan/Transactions against Primary Co-operatives

Penalty - Cash - Loan - Transactions - Primary - Co - operatives - TAXSCAN

Under the newly proposed Union Budget 2023 the Union Ministry has proposed Penalty for cash loan/transactions against primary co-operatives It is proposed to  amend section 269SS of the Act to provide that where a deposit is accepted by a primary agricultural credit society or a primary co-operative agricultural and rural development bank from its member…

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