Company Event Sponsorships Not Taxable Due to Mutuality Principle; No Income Intent and Companies Are Nonmembers. https://www.taxtmi.com/highlights?id=22526 Taxability of contributed to the conducting of events by way of sponsorship - principles of mutuality - no intention to earn income - contributing companies are nonmembers - contribution is not taxable - AT en-us Wed, 15 Apr 2015 17:06:38 +0530 Wed, 15 Apr 2015 17:06:38 +0530 TaxTMI RSS Generator Company Event Sponsorships Not Taxable Due to Mutuality Principle; No Income Intent and Companies Are Nonmembers. https://www.taxtmi.com/highlights?id=22526 Taxability of contributed to the conducting of events by way of sponsorship - principles of mutuality - no intention to earn income - contributing companies are nonmembers - contribution is not taxable - AT Highlights Income Tax Wed, 15 Apr 2015 17:06:38 +0530 https://www.taxtmi.com/highlights?id=22526