https://www.taxtmi.com/acts?id=53155 Amendments to section 149 expand deductible business activities by adding cotton seed and cattle feed to qualifying primary societies, substitute clause (d) to allow whole income from investments (interest or dividends) between co-operative societies as deductible, and add a new sub-section defining consumers' co-operative society, primary agricultural credit society, and primary co-operative agricultural and rural development bank; effective 1 April 2026 for tax year 2026-2027 onward. en-us Sun, 01 Feb 2026 15:16:46 +0530 Sun, 01 Feb 2026 15:16:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53155 Amendments to section 149 expand deductible business activities by adding cotton seed and cattle feed to qualifying primary societies, substitute clause (d) to allow whole income from investments (interest or dividends) between co-operative societies as deductible, and add a new sub-section defining consumers' co-operative society, primary agricultural credit society, and primary co-operative agricultural and rural development bank; effective 1 April 2026 for tax year 2026-2027 onward. Act-Rules Bills Sun, 01 Feb 2026 15:16:46 +0530 https://www.taxtmi.com/acts?id=53155