Applicability of the principles of mutuality - once the funds of ...

Society's Funds Used for Non-Member Business Purposes Not Subject to Mutuality When Profits or Interest Earned.

April 3, 2018

Case Laws Income Tax AT

Applicability of the principles of mutuality - once the funds of the society are given for the business purposes of a non-Member and the assessee receives any compensation either in the form of profits or in the form of interest from such non-Member, the principles of mutuality cannot be applied - AT

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Applicability of the principles of mutuality - once the funds of ...

Society's Funds Used for Non-Member Business Purposes Not Subject to Mutuality When Profits or Interest Earned.

April 3, 2018

Case Laws Income Tax AT

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