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of <h1>Section 150 narrows cooperative definition for Section 149; Clause 150 Bill gave time-bound 100% deduction to Producer Companies</h1> Section 150 of the enacted Act is a limited interpretive provision defining cooperative entities for section 149, whereas Clause 150 of the original Bill was a substantive, time-bound incentive granting a 100% deduction of profits from specified member-related agricultural activities to qualifying Producer Companies with turnover under INR 100 crore for tax years from 1 April 2018 to before 1 April 2024. The Bill provision includes sequencing within the Chapter and definitions referencing the Companies Act but lacks attribution, anti-abuse, and procedural rules; the two provisions address distinct subjects and do not conflict.
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