Section 22. Regional Rural Bank to be deemed to be a co-operative society for purpose of the Income-tax Act, 1961

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