https://www.taxtmi.com/acts?id=32715 Multi state cooperative societies must allocate a portion of annual net profits to a Cooperative Education Fund maintained by the National Cooperative Union of India, administered by a Central Government committee whose approval is required for expenditures. The fund is held in a separate joint account operated by the Union's chief executive and a designated Central Government finance officer, credits income and interest to the fund, incorporates balances from a predecessor fund, and is utilisable solely for cooperative education, training and human resource development, with programmes deliverable through the Union, training councils, contributing members or other qualified bodies as the committee directs. en-us Fri, 16 Nov 2018 10:28:41 +0530 Sat, 17 Nov 2018 12:37:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32715 Multi state cooperative societies must allocate a portion of annual net profits to a Cooperative Education Fund maintained by the National Cooperative Union of India, administered by a Central Government committee whose approval is required for expenditures. The fund is held in a separate joint account operated by the Union's chief executive and a designated Central Government finance officer, credits income and interest to the fund, incorporates balances from a predecessor fund, and is utilisable solely for cooperative education, training and human resource development, with programmes deliverable through the Union, training councils, contributing members or other qualified bodies as the committee directs. Act-Rules Trust and Society Fri, 16 Nov 2018 10:28:41 +0530 https://www.taxtmi.com/acts?id=32715