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Cabinet decides to bring Co-operative Banks under RBI through an Ordinance
The Union Cabinet under the Chairmanship of Prime Minister Narendra Modi has decided to bring Co-Operative Banks under the Reserve Bank of India...
![Interest earned by Co-operative Society on its Investments in Co-operative Bank eligible for Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Investments-Co-operative-Bank-Taxscan.jpg "Interest earned by Co-operative Society on its Investments in Co-operative Bank eligible for Deduction: ITAT [Read Order]")
Co-Operative Banks engaged in Banking Business are Eligible for Income Tax Deduction: Allahabad HC [Read Order]
While dismissing a departmental appeal, a division bench of the Allahabad High Court recently observed that deduction under Section 80P(2)(a)(i) of the Income Tax Act, 1961 can be allowed to...
![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]
The Central Government has issued a Notification enabling the Banks, post-offices and co-operative banks to deposit the scrapped notes received by them post-demonetisation, with the Reserve Bank of...
![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]")