Section - 10(27) (of Income Tax Act, 1961), Income-tax Act.

Section - 10(27) (of Income Tax Act, 1961), Income-tax Act.

Income Tax

Incomes not included in total income.

Any income of a co-operative society formed for promoting the interests of the members of either the Scheduled Castes or Scheduled Tribes or both referred to in clause (26B) :


Provided that the membership of the co-operative society consists of only other co-operative societies formed for similar purposes and the finances of the society are provided by the Government and such other societies;