The profits of a Co-operative Society engaged in (i) Carrying out the business of banking, (ii) A cottage industry, and (m) Collective disposal of labor of its members are exempt from tax as per section 80P up to :

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Question:The profits of a Co-operative Society engaged in (i) Carrying out the business of banking, (ii) A cottage industry, and (m) Collective disposal of labor of its members are exempt from tax as per section 80P up to :

1. 75% of the profits

2. 100% of the profits

3.50% of the profits

4. 40% of the profits

Posted by R4R Team
  1. The profits of a Co-operative Society engaged in (i) Carrying out the business of banking, (ii) A cottage industry, and (m) Collective disposal of labor of its members are exempt from tax as per section 80P up to :
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