https://www.taxtmi.com/caselaws?id=188324 Charges levied by a trade association under its bye-laws for clearly defined services to members constituted remuneration definitely related to specific services and were taxable under section 10(6) of the Indian Income-tax Act, 1922. Admission fee, monthly fee and turnover-based contributions were treated as part of the consideration for services such as promotion of trade, regulation of practices, settlement of disputes and dissemination of information. The services were not merely general membership privileges but distinct and precisely identified services, and the existence of a separate arbitration fee did not change that character. The collections were therefore held chargeable to tax under section 10(6), in favour of the Revenue. en-us Tue, 22 Feb 1955 00:00:00 +0530 Fri, 25 Nov 2016 16:47:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188324 Charges levied by a trade association under its bye-laws for clearly defined services to members constituted remuneration definitely related to specific services and were taxable under section 10(6) of the Indian Income-tax Act, 1922. Admission fee, monthly fee and turnover-based contributions were treated as part of the consideration for services such as promotion of trade, regulation of practices, settlement of disputes and dissemination of information. The services were not merely general membership privileges but distinct and precisely identified services, and the existence of a separate arbitration fee did not change that character. The collections were therefore held chargeable to tax under section 10(6), in favour of the Revenue. Case-Laws Income Tax Tue, 22 Feb 1955 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188324