THE MAVILAYI SERVICE COOPERATIVE BANK LTD. vs. COMMISSIONER OF INCOME TAX CALICUT
C.A. No.-007343-007350 - 2019Supreme Court12 Jan 2021
Bench: Us, The Assessing Officer Denied Their Claims For Deduction, Relying Upon Section 80P(4) Of The It Act, Holding That As Per The Audited Receipt & 2
Section 147Section 19Section 263Section 80PSection 80P(2)(a)Section 80P(4)
prices to members.
22. Act as an agent in collection of premium of LIC, rent of
electricity
board, telecom and other public sector
undertakings.
23. To associate more people to the cooperative institutions
by organising cooperative education and campaigns.
24.To borrow funds from District Cooperative Banks, Govt
and other institutions approved by Registrar.
25. To render services like collection
