https://www.taxtmi.com/caselaws?id=188322 An association's fees for authorised clerks and sub-brokers were treated as remuneration for specific services where its rules created a structured scheme for admission, supervision, discipline and termination of those persons. The association's obligations under the scheme were not merely incidental or a passive facility; they were identifiable services rendered for the benefit of members who paid annual fees. Because the receipts were directly linked to the operation and regulation of the authorised clerk scheme, they were characterised as business profits attributable to specific services and brought to tax. en-us Fri, 13 Oct 1944 00:00:00 +0630 Fri, 25 Nov 2016 16:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188322 An association's fees for authorised clerks and sub-brokers were treated as remuneration for specific services where its rules created a structured scheme for admission, supervision, discipline and termination of those persons. The association's obligations under the scheme were not merely incidental or a passive facility; they were identifiable services rendered for the benefit of members who paid annual fees. Because the receipts were directly linked to the operation and regulation of the authorised clerk scheme, they were characterised as business profits attributable to specific services and brought to tax. Case-Laws Income Tax Fri, 13 Oct 1944 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=188322