[Section 80P]- Deduction in respect of income of Co-operative Societies

 

Table of Contents:

·         (A) Where 100% deduction is allowed U/s 80P

o    (1)   [Section 80P(2)(a)]- Profits attributable to certain specified activities:

o    (2)   [Section 80P(2)(b)]- Profits of certain primary Co-Operative Societies:

o    (3) [Section 80P(2)(d)]- Income from investment with other Co-Operative Societies:

o    (4)   [Section 80P(2)(e)]- Income from Letting of “Godowns or Warehouse”:

·         (B) Where Deduction is Allowed to a Limited Extent

o    (1)   [Section 80P(2)(c)]- Co-Operative Society engaged in other activities:

o    (2)   [Section 80P(2)(f)]- Entire Income by way of interest on securities or income from house property if gross total income of a co-operative society (other than specified co-operative society) does not exceed Rs. 20,000  :

 

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