Addition on account of non-occupancy charges - The object of the ...

Non-occupancy charges deemed non-taxable due to mutuality principle for society's member services and amenities.

February 22, 2016

Case Laws Income Tax AT

Addition on account of non-occupancy charges - The object of the society was to provide service, amenities and facilities to its members. In these circumstances, the principle of mutuality would apply and therefore non-occupancy charges were not taxable. - AT

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Addition on account of non-occupancy charges - The object of the ...

Non-occupancy charges deemed non-taxable due to mutuality principle for society's member services and amenities.

February 22, 2016

Case Laws Income Tax AT

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