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2012 (10) TMI 527 - BOMBAY HIGH COURTWhether assessee is covered by principles of mutuality and hence, TDR premium received by the Society is not taxable – alleged that TDR premium payment is made by only those members availing the additional FSI – Held that:- consideration has flowed from the members of the Society to the Society which is a Co-operative Housing Society as consideration for allowing the use of extra FSI. The principles of mutuality would apply – TDR premium received by the Society is not taxable
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