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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

Entitled for benefit of mutuality - Co-operative society - There ...

Income Tax

July 13, 2018

Entitled for benefit of mutuality - Co-operative society - There is no deference between the transaction of members and nominal members and only when the transactions are with non-members, the principles of mutuality can be invoked or denied - A nominal member cannot be treated as a non-member.

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