Income taxable or Not

The surplus member contribution is exempt on basis of mutuality and there is no need to file IT Return in absence of any taxable income

Income of cooperative society is taxable after general deduction of rupees 50000. the tax rate for cooperative society is upto rupees 10000 @ 10%. above 10000 and up to 20000 @ 20%. above 20000 @ 30%. for further detail of taxability of cooperative society you should refer section 80p e of Income tax. if it is difficult for you to file the return of cooperative society ,you can contact me at email address

jaykishanc @ gmail.com

If surplus member contribution is exempt then where to show that excees amount in ITR. we don't have any other taxable income

Surplus contribution is exempt and legaly no need to file ITR.