Income Tax on Association

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..... One LIC Agents association is collecting the subscription for the welfare of agents, and it has bank deposits in bank, for which the bank is deducing the TDS, the excess of income over receipts shows .....

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..... Rs.55000/- (including the interest from bank of Rs.28500) Now what is the taxable income?, it has PAN, - Reply By Rama Krishana - The Reply = If the principal of mutuality applied in your case, .....

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..... the taxable income is ₹ 28,500/- and if not the taxable income may be ₹ 55,000/- or otherwise as per the computation of income. - Income Tax on Association - Query Started By: - MOHAMED .....

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..... YACOOB SHARIFF Dated:- 24-2-2013 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - .....

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..... taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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