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The conclusion of the revenue authorities that co-operative societies and co-operatives are different and that co-operative registered as Souharda Sahakari cannot be regarded as co-operative societies is unsustainable.

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Sec. 80P(2)(a)(i) of Income Tax Act, 1961— Deduction—SRI SIDDHI SOUHARDA SAHAKARI NIYAMITHA vs. ITO.[2020] 24 ITCD Online 018 (ITAT-BANGALORE)

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