TMI BlogINCOME TAX ON CORPUS FUND RECEIVED FROM BUILDERX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir Mhada Colony in Mumbai going for redevelopment. Builder is giving corpus fund Rs.25,00,000/- per member (individually in the hands of member). I want to know whether any tax attracts or i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s there any exemption. If it is taxable what is the rate of tax and under which head. How to save the tax in the hands of individuals ????????? Regards Sumedh - Reply By MARIAPPAN GOVINDARAJAN ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = Whether you have got clarified in the above issue? If not please inform. - INCOME TAX ON CORPUS FUND RECEIVED FROM BUILDER - Query Started By: - SUMEDH AYARE Dated:- 26-1-2014 Incom ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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