https://www.taxtmi.com/caselaws?id=329364 The Tribunal upheld the CIT(A)'s deletion of various additions under the concept of mutuality for Assessment Year 2008-09. Charges like car parking and specific facilities for members were deemed to fall within the concept of mutuality as they exclusively benefited society members. However, the issue of transfer fees was distinguished from a previous case, suggesting it may not align with the mutuality principle in this instance. The Tribunal allowed an appeal to further examine the deletion of transfer fees, rent from Telecom Companies, and advertisement charges under the concept of mutuality. en-us Mon, 13 Jun 2016 00:00:00 +0530 Thu, 30 Jun 2016 11:11:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329364 The Tribunal upheld the CIT(A)'s deletion of various additions under the concept of mutuality for Assessment Year 2008-09. Charges like car parking and specific facilities for members were deemed to fall within the concept of mutuality as they exclusively benefited society members. However, the issue of transfer fees was distinguished from a previous case, suggesting it may not align with the mutuality principle in this instance. The Tribunal allowed an appeal to further examine the deletion of transfer fees, rent from Telecom Companies, and advertisement charges under the concept of mutuality. Case-Laws Income Tax Mon, 13 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329364