Exemption u/s 11 - Charitable activity u/s 2(15) - Principle of ...
Income Tax
April 4, 2020
Exemption u/s 11 - Charitable activity u/s 2(15) - Principle of Mutuality - NASSCOM - the membership fees received by the assessee from its own members comes within the meaning of principle of mutuality and as such the net income of the assessee from its own member is exempt from tax.
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