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Income Tax - Highlights / Catch Notes

Home Highlights July 2017 Year 2017 This

Taxability in hands of society - fund transferred to ...


Supreme Court: Transfers to 'Distribution Pool Fund Account' Not Taxable for Society Based on Case Law and Tax Principles.

July 29, 2017

Case Laws     Income Tax     SC

Taxability in hands of society - fund transferred to ‘Distribution Pool Fund Account’ it is not taxable in the hands of the Society. - SC

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