https://www.taxtmi.com/manuals?id=2581 Special concessional tax regimes are provided for newly formed resident co-operative societies engaged in manufacturing or production of articles or things. The text sets out the tax rates for manufacturing income, other income, short-term capital gains and deemed income, together with surcharge and cess, and requires registration after 1 April 2023, commencement of manufacturing on or before 31 March 2024, and exercise of the prescribed option within time. The regime also imposes conditions on formation, use of machinery, business activity, and denial of specified deductions, exemptions, losses and depreciation. en-us Thu, 06 Apr 2023 16:11:00 +0530 Tue, 14 Apr 2026 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2581 Special concessional tax regimes are provided for newly formed resident co-operative societies engaged in manufacturing or production of articles or things. The text sets out the tax rates for manufacturing income, other income, short-term capital gains and deemed income, together with surcharge and cess, and requires registration after 1 April 2023, commencement of manufacturing on or before 31 March 2024, and exercise of the prescribed option within time. The regime also imposes conditions on formation, use of machinery, business activity, and denial of specified deductions, exemptions, losses and depreciation. Manuals Income Tax Thu, 06 Apr 2023 16:11:00 +0530 https://www.taxtmi.com/manuals?id=2581