Income-tax amendments expand 'co-operative society' definition and exclude certain intergroup loans and buyback consideration from dividend. Amend section 2 of the Income-tax Act, 2025 to include Multi-State Co-operative Societies within the definition of 'co-operative society'; omit sub-clause (f) to exclude buyback consideration from 'dividend'; substitute sub-clause (v) to exclude advances or loans between group entities where one is a Finance Company or Finance Unit, the other is located outside India, and the group's parent or principal entity is listed on a specified overseas stock exchange; add definitions of 'group entity' and 'parent/principal entity'; effective 1 April 2026.