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Widening scope of deduction under section 149 by including ancilliary activities of cattle feed and cotton seeds

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....-2026<br>Union Budget 2026-27 - Finance Bill, 2026 The existing provisions under section 149(2)(b) of the Act provide for deduction of whole of the amount of profits and gains of business in the case....

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....s which are also undertaken by the members of the primary co-operative society. It is proposed that the profits and gains of business from these activities shall be allowed as a deduction within the a....

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Widening scope of deduction under section 149 by including ancilliary activities of cattle feed and cotton seeds