https://www.taxtmi.com/acts?id=10859 A statutory deduction is allowed for primary co-operative societies for aggregate profits from agriculture and defined agriculture-related activities, together with a limited amount of income from other activities. A primary co-operative society is one whose rules restrict voting to individuals engaged in agriculture or agriculture-related activities. Agriculture-related activities include supplying agricultural inputs to members, collective disposal or marketing of members' agricultural, dairy or poultry produce, and fishing and allied activities including processing and supply of related equipment to members. en-us Thu, 20 Aug 2009 12:30:31 +0530 Thu, 20 Aug 2009 12:30:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10859 A statutory deduction is allowed for primary co-operative societies for aggregate profits from agriculture and defined agriculture-related activities, together with a limited amount of income from other activities. A primary co-operative society is one whose rules restrict voting to individuals engaged in agriculture or agriculture-related activities. Agriculture-related activities include supplying agricultural inputs to members, collective disposal or marketing of members' agricultural, dairy or poultry produce, and fishing and allied activities including processing and supply of related equipment to members. Act-Rules Bills Thu, 20 Aug 2009 12:30:31 +0530 https://www.taxtmi.com/acts?id=10859