https://www.taxtmi.com/acts?id=53156 The substituted section 150 permits a deduction for dividend income of a federal co-operative where such dividends arise from investments recorded on or before 31 January 2026 and are distributed to members at least one month before the due date for filing under section 263(1); the deduction applies in both tax regimes, is excluded for tax years beginning on or after 1 April 2029, and defines "federal co-operative" by reference to the Multi State Co-operative Societies Act, 2002 and Central Government notification. en-us Sun, 01 Feb 2026 15:17:01 +0530 Sun, 01 Feb 2026 15:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53156 The substituted section 150 permits a deduction for dividend income of a federal co-operative where such dividends arise from investments recorded on or before 31 January 2026 and are distributed to members at least one month before the due date for filing under section 263(1); the deduction applies in both tax regimes, is excluded for tax years beginning on or after 1 April 2029, and defines "federal co-operative" by reference to the Multi State Co-operative Societies Act, 2002 and Central Government notification. Act-Rules Bills Sun, 01 Feb 2026 15:17:01 +0530 https://www.taxtmi.com/acts?id=53156