Pls help(i.tax)

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Pls help me following point Income tax ..section 10(1) Agriculture income(partial integration) not apply in case of...company,, co-opetive society,local body... So company is exempt from all income.? & If co. Req. To pay tax so how??
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Agricultural income is completely exempt from tax in case of a company, firm, co-operative society, etc. Scheme of partial integration us not applicable. Hence , no tax. 


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