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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Primary Co-op Societies Can Deduct Up to 100,000 in Income from Agriculture and Related Activities Under Section X.</h1> A primary co-operative society is eligible for a deduction on its total income, specifically the sum of profits from agriculture or agriculture-related activities, and income from other activities up to one hundred thousand rupees. Agriculture-related activities include purchasing agricultural supplies for members, collective disposal of members' agricultural, dairy, or poultry produce, and fishing or related activities. A primary co-operative society is defined as one where voting rights are limited to individuals involved in agriculture or related activities.
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