High Court Rules Cooperative Society Transfer Fees Are Non-Taxable Under Mutuality Principle.

High Court Rules Cooperative Society Transfer Fees Are Non-Taxable Under Mutuality Principle. https://www.taxtmi.com/highlights?id=29997 Principle of mutuality - 'Transfer fee' received from outgoing member of co-operative society - whether is not taxable on the basis of concept of mutuality? - even though it is received towards Common Amenity Fund the principle of mutuality applies - HC en-us Wed, 29 Jun 2016 20:42:13 +0530 Wed, 29 Jun 2016 20:42:13 +0530 TaxTMI RSS Generator High Court Rules Cooperative Society Transfer Fees Are Non-Taxable Under Mutuality Principle. https://www.taxtmi.com/highlights?id=29997 Principle of mutuality - 'Transfer fee' received from outgoing member of co-operative society - whether is not taxable on the basis of concept of mutuality? - even though it is received towards Common Amenity Fund the principle of mutuality applies - HC Highlights Income Tax Wed, 29 Jun 2016 20:42:13 +0530 https://www.taxtmi.com/highlights?id=29997