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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Doctrine of mutuality - assessee club had made investments in ...

Income Tax

January 2, 2017

Doctrine of mutuality - assessee club had made investments in the mutual fund it was not an investment with the member but with an outsider or a non-member, therefore, the principle of mutuality would not apply. - HC

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