A Co-operative Society is although a body of individual but taxable at:
A. The same rate as are applicable to individual/HUF
B. The rates given in Schedule I of the Income-tax Act
C. The maximum marginal rate of 30%
D. None of the above
Answer:B
A Co-operative Society is although a body of individual but taxable at:
A. The same rate as are applicable to individual/HUF B. The rates given in Schedule I of the Income-tax Act C. The maximum marginal rate of 30% D. None of the above