Deduction for cooperative societies under Section 80P: primary agricultural societies may obtain full or limited income deductions. Section 80P permits full deductions for profits of eligible primary cooperative societies where income arises from specified activities (credit to members, cottage industry, marketing members' agricultural produce, supplying agricultural inputs, processing without power, collective labour disposal, fishing/related activities), and for profits from supply of milk, oil seeds, fruits or vegetables to federal cooperatives, government or public supply entities, interest/dividend income from investments in other cooperatives, and income from letting godowns or warehouses; limited fixed deductions apply for other incomes, with exclusion of cooperative banks except certain primary agricultural credit societies and conditional restrictions based on voting-rights.