https://www.taxtmi.com/manuals?id=315 Income tax for co-operative societies is stated in slab form, with 10% on lower income, 20% on the next slab, and 30% above the higher slab across the years covered. The later years also provide for surcharge at higher-income levels subject to marginal relief, Alternate Minimum Tax on book profit or adjusted total income, concessional AMT for certain IFSC units deriving income solely from convertible foreign exchange, and Health and Education Cess at 4% for the later years, while earlier years refer to different cess and surcharge structures. en-us Sat, 19 Jan 2008 23:16:00 +0530 Wed, 08 Apr 2026 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=315 Income tax for co-operative societies is stated in slab form, with 10% on lower income, 20% on the next slab, and 30% above the higher slab across the years covered. The later years also provide for surcharge at higher-income levels subject to marginal relief, Alternate Minimum Tax on book profit or adjusted total income, concessional AMT for certain IFSC units deriving income solely from convertible foreign exchange, and Health and Education Cess at 4% for the later years, while earlier years refer to different cess and surcharge structures. Manuals Income Tax Sat, 19 Jan 2008 23:16:00 +0530 https://www.taxtmi.com/manuals?id=315