Important Income Tax Sections applicable to Milk Co-Operative Societies

Raghavendra Prasad M , Last updated: 25 March 2021  
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The Income Tax Provisions, as applicable to Co-Operative Societies are lucidly mentioned herein below 1. Section 40A particularly Sub-Section (3) If any payment, whether Capital Expense or Revenue Expense, exceeding Rs. 10,000:/is made on one day to one person, then in computing Business Incom

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Published by

Raghavendra Prasad M
(Partner of Prasad Rao & Associates , Chartered Accountants ,GUDIVADA-521301)
Category Income Tax   Report

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