Primary Agricultural Credit Society can claim deduction u/s 80P

Brief of the case:

The Hon’ble Kerala High court in the above cited case held that deduction u/s 80P is allowable to a  primary agricultural credit society. In the instant case , assessee being a registered society classified in bye-laws as primary agricultural credit society is entitled to claim exemption u/s 80P.

Facts of the case:

• The AO disputed the exemption u/s 80P claimed by primary agricultural credit societies registered and classifie

  Please become a Premium member. If you are already a Premium member, login here to access the full content.