Income of the Society cannot be anything beyond the scope of ...
Society's Income Excludes Transfers to 'Distribution Pool Fund Account' per Chapter XVI Bye-laws.
December 5, 2016
Case Laws Income Tax HC
Income of the Society cannot be anything beyond the scope of Chapter XVI of the Bye – laws. Therefore, logically the amount transferred to the ‘Distribution Pool Fund Account’ cannot be brought within the umbrella of Chapter XVI. - HC
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