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Club membership deposit, Income Tax |
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Club membership deposit |
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If certain club takes deposit repayable after certain no of years & do not charge any fees, what will be direct & indirect tax implications Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
There is no effect. Deposit will not be considered as income or revenue. Therefore refund of deposit is having no implication in direct and indirect taxes. Page: 1 Old Query - New Comments are closed. |
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