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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Is low taxes possible in a Cooperative society? - Commerce

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Question

Is low taxes possible in a Cooperative society?

One Line Answer

Solution

Yes, Low taxes are possible in a cooperative society because it is a non-profit enterprise, and the government provides various exemptions and tax concessions.

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Types of Cooperative
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Chapter 7: Cooperative Organisation - Exercises [Page 69]

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Samacheer Kalvi Commerce [English] Class 11 TN Board
Chapter 7 Cooperative Organisation
Exercises | Q II. 4. | Page 69
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