Home > Income Tax Act 2025 > Section-203Last Updated: Feb 22nd 2025
Section-203 provides for the (optional) concessional tax rate applicable to co-operative societies other than those covered under clause 204, if they do not claim specific deductions. Learn to understand the section-203 as it is, it's help and useful links to follow.
Here onwards, "Act" refers to "Income Tax Act 2025"
Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.