Exp. incurred by co-operative society in furtherance of its object was allowable deduction

IT/ILT : Where multi-State co-operative society was undertaking object of carrying-out social development activities for village poor by way of undertaking projects in forestry development, developing water harvesting systems and main objective of assessee was to carry-out social development and welfare activities and assessee had incurred expenditure for rural development, generation of additional employment, women’s empowerment and in development and construction of water reservoirs which was

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