Entitled for benefit of mutuality - Co-operative society - There ...

Cooperative Societies: Mutuality Principle in Income Tax Applies to Both Members and Nominal Members, Not Non-Members.

July 13, 2018

Case Laws Income Tax AT

Entitled for benefit of mutuality - Co-operative society - There is no deference between the transaction of members and nominal members and only when the transactions are with non-members, the principles of mutuality can be invoked or denied - A nominal member cannot be treated as a non-member.

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Entitled for benefit of mutuality - Co-operative society - There ...

Cooperative Societies: Mutuality Principle in Income Tax Applies to Both Members and Nominal Members, Not Non-Members.

July 13, 2018

Case Laws Income Tax AT

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