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Free membership by club, Income Tax |
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Free membership by club |
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If certain club offer free membership to persons at repute to promote its membership what are the income tax & service tax implications on club Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
If your club is by means of mutuality there will be no liability of service tax either free membership or by paying entrance fee. If the club is proprietary service tax is liable. In respect of income tax if no income is received there would be no liability for income tax, in my opinion. Page: 1 Old Query - New Comments are closed. |
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