Rate of Tax in case of co-operative society - Budget 2017-18 - Income Tax Rates - For the Assessment Year 2018-19

SCHEDULE 01 - THE FIRST SCHEDULE (See section 2)

THE FINANCE BILL, 2017

Rates of income-tax in the case of every co-operative society. In such cases, the rates of tax will continue to be the same as those specified for assessment year 2017-2018. The surcharge in cases of co-operative societies, having income above one crore rupees shall be levied at the rate of twelve per cent. Marginal relief will be provided.

Dated: 2-2-2017