TMI BlogSection 44C: Mutuality Principle Applied in Non-Member Transactions, Income Estimated at 5% of Gross Receipts by CIT(A.Application of principle of mutuality – Transactions with non-members Reimbursement of cost to income – Application of section 44C - CIT(A) was more than justified in estimating the income at 5% of the gross receipts from non-members - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|