TMI BlogRental Income from Reliance Industries Ltd. Taxable, Not Covered by Mutuality Principle.Application of mutuality principle - rental income and service fee received from its corporate member/payee M/s. Reliance Industries Ltd. - income received from the said payee is taxable than that covered under ‘mutuality’ principle - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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