Option under section 115BAD: cooperative society elects special tax regime; election is irrevocable and requires prescribed disclosures. Form No. 10-IF permits a co-operative society to exercise the option under sub-section (5) of section 115BAD to adopt the specified tax regime, requiring the society's name, PAN, registered address, incorporation date, nature of activities, and IFSC unit details where applicable. The principal officer must affirm compliance with the conditions of section 115BAD and acknowledge that the option is irrevocable once exercised, signing the application with name, designation and address.
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Provisions expressly mentioned in the judgment/order text.
Option under section 115BAD: cooperative society elects special tax regime; election is irrevocable and requires prescribed disclosures.
Form No. 10-IF permits a co-operative society to exercise the option under sub-section (5) of section 115BAD to adopt the specified tax regime, requiring the society's name, PAN, registered address, incorporation date, nature of activities, and IFSC unit details where applicable. The principal officer must affirm compliance with the conditions of section 115BAD and acknowledge that the option is irrevocable once exercised, signing the application with name, designation and address.
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