Bare ActsThe Regional Rural Banks Act, 1976

Section 22

Regional Rural Bank to be deemed to be a co-operative society for purpose of the Income-tax Act, 1961.

Amendment status not verified — confirm the current text below against the official source.

For the purpose of the Income-tax Act, 1961 (43 of 1961), or any other enactment for the time being in force relating to any tax on income, profits or gains, a Regional Rural Bank shall be deemed to be a co-operative society.

Section 22 – The Regional Rural Banks Act, 1976 | DailyLaw.ai