[Sr. No.] 6) Collective Disposal of labour of its members [Amount deductible] Entire profit from such business [Applicability & Conditions] 
Deduction is available only when earning of society is through the utilization of the actual labour of its members. Deduction is available provided the rules & bye Laws of the society restrict the voting rights to following class of members – a) Individuals who contribute their labour b) Co-op. credit societies which provide financial assistance to the society c) State Government.