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of <h1>Trade Unions Can Deduct Income from Property and Other Sources Under Direct Taxes Code Bill, 2009 Section</h1> A deduction is permitted for certain income of trade unions under the Direct Taxes Code Bill, 2009. This applies to income included in the gross total income from ordinary sources, specifically income from house property and other sources. To qualify for this deduction, the entity must be a registered union as defined by the Trade Unions Act, 1926, or an association of such registered unions.
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