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    <title>Deduction in respect of Income of Co-Operative Societies - (New) Section 149 &amp; 150 / (Old) Section 80P</title>
    <link>https://www.taxtmi.com/manuals?id=1410</link>
    <description>Deduction is available to a co-operative society where its gross total income includes specified income, subject to exclusions for co-operative banks other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank. Full deduction applies to specified business activities, investment income from other co-operative societies, income from letting of godowns or warehouses, and certain primary-society marketing activities. Other income is eligible only up to the prescribed monetary limits, and small co-operative societies may also claim deduction for interest on securities and house property income subject to conditions.</description>
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    <pubDate>Sat, 16 Jan 2016 16:52:00 +0530</pubDate>
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      <title>Deduction in respect of Income of Co-Operative Societies - (New) Section 149 &amp; 150 / (Old) Section 80P</title>
      <link>https://www.taxtmi.com/manuals?id=1410</link>
      <description>Deduction is available to a co-operative society where its gross total income includes specified income, subject to exclusions for co-operative banks other than a primary agricultural credit society or a primary co-operative agricultural and rural development bank. Full deduction applies to specified business activities, investment income from other co-operative societies, income from letting of godowns or warehouses, and certain primary-society marketing activities. Other income is eligible only up to the prescribed monetary limits, and small co-operative societies may also claim deduction for interest on securities and house property income subject to conditions.</description>
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      <pubDate>Sat, 16 Jan 2016 16:52:00 +0530</pubDate>
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