Principles of mutuality - the assessee / society is under no ...
Tax Authority Rejects Society's Mutuality Claim Due to Lack of Obligation to Refund Contributions to Members.
October 22, 2015
Case Laws Income Tax AT
Principles of mutuality - the assessee / society is under no obligation to return the funds to the contributors / members - concept of mutuality claimed by the assessee was rightly rejected by the Revenue. - AT
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