Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1994 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1994 (3) TMI 59 - HC - Income TaxExtract: .......-association were not related to any specific services rendered by it to its members. The assessee was merely a trade association. Hence, the membership fees were not taxable under section 28(iii) of the Income-tax Act, 1961. The question referred to us is accordingly answered in favour of the assessee and against the Revenue. No order as to costs.
|