https://www.taxtmi.com/caselaws?id=181080 The Tribunal upheld the CIT(A)'s decision to exempt the contribution towards common amenities fund and non-occupancy charges under the mutuality principle. However, regarding the reimbursement of expenses, the Tribunal directed the Assessing Officer to allow the society an opportunity to substantiate expenses and prove voluntary payments by members for a fresh decision. The Revenue's appeal was dismissed, and the Cross Objection was allowed for statistical purposes, with a direction for a fresh assessment on the reimbursement of expenses issue. en-us Fri, 26 Nov 2010 00:00:00 +0530 Wed, 06 Apr 2016 18:39:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181080 The Tribunal upheld the CIT(A)'s decision to exempt the contribution towards common amenities fund and non-occupancy charges under the mutuality principle. However, regarding the reimbursement of expenses, the Tribunal directed the Assessing Officer to allow the society an opportunity to substantiate expenses and prove voluntary payments by members for a fresh decision. The Revenue's appeal was dismissed, and the Cross Objection was allowed for statistical purposes, with a direction for a fresh assessment on the reimbursement of expenses issue. Case-Laws Income Tax Fri, 26 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181080