Just a moment...

⚠✕
Report
FeedbackReport
☰
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error ✕
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
╳
Add to...
You have not created any category. Kindly create one to bookmark this item!
✕
Create New Category
Hide
Title :
Description :

Print Options

+ Post a Query
Post a New Query ✕
Title :
0/200 char
Description :
Max 0 char
Category :
Delete Reply

Are you sure you want to delete your reply beginning with '' ?

Delete Issue

Are you sure you want to delete your Issue titled: '' ?

Discussion Forum

Back

All Issues

Advanced Search ❮
Reset Filters
Search By:
Search by Text :
Press 'Enter' to add multiple search terms
Select Date:
FromTo
Category :
OR
Search by Issue ID:
NOTE: If you have inputs in both the fields, then results will be shown for issueId first.
Issue ID : 109113
PrevPreviousNextNext
- 0 -

Club membership deposit

Date 03 Sep 2015
Replies1 Answers
Views 1642 Views
Asked By

If certain club takes deposit repayable after certain no of years & do not charge any fees, what will be direct & indirect tax implications

Income Tax
1 answers
Sort by

Old Query - New Comments are closed.

Hide
- 0
Replied on Dec 1, 2015
1.

There is no effect. Deposit will not be considered as income or revenue. Therefore refund of deposit is having no implication in direct and indirect taxes.

Old Query - New Comments are closed.

Hide
Recent Issues