Application of principle of mutuality – Transactions with ...
Section 44C: Mutuality Principle Applied in Non-Member Transactions, Income Estimated at 5% of Gross Receipts by CIT(A.
January 25, 2014
Case Laws Income Tax AT
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
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