https://www.taxtmi.com/acts?id=51680 Deduction is available to a co-operative society in respect of specified categories of income, including profits from certain member-oriented business activities, income from investments with other co-operative societies, income from godowns or warehouses, and, in limited cases, interest on securities and income from house property. The provision also imposes conditions for labour and fishing societies, requires reduction of any other allowable deduction for the same income, excludes most co-operative banks, and defines key expressions for applying the deduction. en-us Thu, 14 Aug 2025 11:06:33 +0530 Sat, 04 Apr 2026 12:19:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51680 Deduction is available to a co-operative society in respect of specified categories of income, including profits from certain member-oriented business activities, income from investments with other co-operative societies, income from godowns or warehouses, and, in limited cases, interest on securities and income from house property. The provision also imposes conditions for labour and fishing societies, requires reduction of any other allowable deduction for the same income, excludes most co-operative banks, and defines key expressions for applying the deduction. Act-Rules Income Tax Thu, 14 Aug 2025 11:06:33 +0530 https://www.taxtmi.com/acts?id=51680