Income of the Club from Members - whether the same was exempt ...

Club's Income from Members Assessed for Tax Exemption; Administrative Expense Retention Not Taxed Under Mutuality Principle.

June 10, 2019

Case Laws Income Tax HC

Income of the Club from Members - whether the same was exempt under principle of mutuality? - While making payment to the caterer from the amount collected from the members, the club had retained a small portion to meet with its administrative expenses - This amount was not taxed rightly.

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Income of the Club from Members - whether the same was exempt ...

Club's Income from Members Assessed for Tax Exemption; Administrative Expense Retention Not Taxed Under Mutuality Principle.

June 10, 2019

Case Laws Income Tax HC

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