Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2009 (7) TMI HC This

  • Login
  • Cases Cited
  • Referred In
  • Summary

Forgot password       New User/ Regiser

⇒ Register to get Live Demo



 

2009 (7) TMI 1208 - HC - Income Tax

The Bombay High Court ruled that transfer fees received by assessee societies from outgoing or incoming members are not liable to tax due to the principle of mutuality. The judgment was based on previous rulings and government circulars.

 

 

 

 

Quick Updates:Latest Updates