My thoughts on the subject are if you have an old tractor with a combined transmission and hydraulic sump something like JD 303 spec oil is commonly available at a reduced price.
If you have hydrostatic steering, and/or a HST transmission, and wet brakes, and combined sump, and independent PTO (with multiple clutch disc engagement...electrical activated PTO) then you need the oil that meets the JD 20C or UDT spec. which is designed for such applications.
But the owner's manual should steer you in the right direction.