Mutuality Principle Not Applicable: Assessee's Interest Received from Non-Member Financial Institutions as Third Parties.

Mutuality Principle Not Applicable: Assessee's Interest Received from Non-Member Financial Institutions as Third Parties. https://www.taxtmi.com/highlights?id=24629 Principle of mutuality - financial institutions from whom the interest is received by the assessee are not members of the Assessee Company but third parties. The relation between them is only as clients of the financial institutions and there is no scope of mutuality existing between them - AT en-us Wed, 09 Sep 2015 11:56:44 +0530 Wed, 09 Sep 2015 11:56:44 +0530 TaxTMI RSS Generator Mutuality Principle Not Applicable: Assessee's Interest Received from Non-Member Financial Institutions as Third Parties. https://www.taxtmi.com/highlights?id=24629 Principle of mutuality - financial institutions from whom the interest is received by the assessee are not members of the Assessee Company but third parties. The relation between them is only as clients of the financial institutions and there is no scope of mutuality existing between them - AT Highlights Income Tax Wed, 09 Sep 2015 11:56:44 +0530 https://www.taxtmi.com/highlights?id=24629