https://www.taxtmi.com/highlights?id=22764 Principle of Mutuality - taxability of 'Card guest income' and 'general guest fee' received by the club paid by the members - Just because the transactions, which are non-mutual in character, would not destroy the principle of mutuality. - HC en-us Fri, 01 May 2015 07:50:04 +0530 Fri, 01 May 2015 07:50:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22764 Principle of Mutuality - taxability of 'Card guest income' and 'general guest fee' received by the club paid by the members - Just because the transactions, which are non-mutual in character, would not destroy the principle of mutuality. - HC Highlights Income Tax Fri, 01 May 2015 07:50:04 +0530 https://www.taxtmi.com/highlights?id=22764