Co-operative society eligible for section 80P(2)(a)(i) deduction

Varathappam Palayam Primary Agricultural Co-op. Credit Society Vs ITO (ITAT Chennai)

Assessee, being co-operative society, is out of the provisions of section 80P(4) and eligible for deduction under section 80P(2)(a)(i)

Facts-

The assessee is a co-operative credit society having “A” class Members as well as “B” class Members as its society’s Members. The case of AO is that in so far as deposits received from “B” class Membe

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