TMI BlogApplicability of the principles of mutuality - once the funds of the society are given for the business...Applicability of the principles of mutuality - once the funds of the society are given for the business purposes of a non-Member and the assessee receives any compensation either in the form of profits or in the form of interest from such non-Member, the principles of mutuality cannot be applied - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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