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    <title>Amendment of section 115BAD.</title>
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    <description>The amendment excludes entities covered by the newly introduced provision for new manufacturing co-operative societies from the concessional tax option otherwise available to resident co-operative societies, as a consequential change to the co-operative tax regime, effective for the assessment year beginning after 31 March 2024 and subsequent years.</description>
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      <description>The amendment excludes entities covered by the newly introduced provision for new manufacturing co-operative societies from the concessional tax option otherwise available to resident co-operative societies, as a consequential change to the co-operative tax regime, effective for the assessment year beginning after 31 March 2024 and subsequent years.</description>
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