Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Corporate membership fee paid to Golf Club - Such expenses are for running the business with a view to produce the benefits to the assessee. - it cannot be treated as capital asset - HC
Corporate membership fee paid to Golf Club - Such expenses are for running the business with a view to produce the benefits to the assessee. - it cannot be treated as capital asset - HC
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