TMI BlogPrinciple or the doctrine of mutuality - Tribunal for the earlier years, has held that even if there are...Principle or the doctrine of mutuality - Tribunal for the earlier years, has held that even if there are non-permanent members, non-life members, temporary or honorary members, they are not entitled to vote or offer themselves as candidates for any elective office, or have no right of disposal over the surplus in case of dissolution of the club, the assessee would not cease to be governed by the principle of mutuality. - Tribunal was not justified in taking the view that the principle of mutuali..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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