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Co-operative banks giving Credit facilities to Non-Members would not get IT Deduction: Govt
The Co-operative Banks will not get deduction under section 80P of the Income Tax Act, 1961 since their facilities are extended even to non-members,...
![Co-Operative Banks engaged in Banking Business are Eligible for Income Tax Deduction: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Income-Tax-Deduction-Taxscan.jpg "Co-Operative Banks engaged in Banking Business are Eligible for Income Tax Deduction: Allahabad HC [Read Order]")
![Demonetisation: Govt directs RBI to Accept Deposit of Scrapped Notes from Banks including Co-Operative Banks and Post-Offices [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/05/confiscated-notes.jpg "Demonetisation: Govt directs RBI to Accept Deposit of Scrapped Notes from Banks including Co-Operative Banks and Post-Offices [Read Notification]")