Form No. 10-IF is an application used by co-operative societies to exercise the option under sub-section (5) of Section 115BAD of the Income-tax Act, 1961. This form collects key details such as PAN, registration information, nature of activities, and IFSC unit details to determine eligibility for concessional tax rates. Filing Form 10-IF ensures compliance with tax regulations while enabling co-operative societies to benefit from the reduced tax regime.
Source: https://incometaxindia.gov.in
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[MBA in Finance]
Nazim Khan is an expert in Microsoft Excel. He teaches people how to use it better. He has been doing this for more than ten years. He is running this website (TechGuruPlus.com) and a YouTube channel called "Business Excel" since 2016. He shares useful tips from his own experiences to help others improve their Excel skills and careers.
