Question ID : 37993

Turnover of credit co-op society for section 44AB

Income of credit co-op society includes 1 interest income from lending to its members Rs. 90L 2 Dividend and interest from investment in other co-op society Rs. 15L whether provisions of 44AB will be applicable? else can we treat Rs. 15L as income from other sources?

posted by Shivanand Nalwade on Feb 21 2019 12:00AM