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Deductions in respect of dividends received and distributed by certain cooperative societies

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....t 2026-27 - Finance Bill, 2026 D. COOPERATIVES The provisions of section 149(2)(d) of the Act provide for deduction on the income of a cooperative society that is received as interest or dividend fr....

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....e. It is also proposed to allow deduction for dividends received by notified federal cooperatives from companies for 3 years, i.e. till tax year 2028-29 under both the old and new tax regimes. This d....

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Deductions in respect of dividends received and distributed by certain cooperative societies