https://www.taxtmi.com/caselaws?id=8148 An association formed to advance the common interests of Indian tea planters was treated as a trade or similar association under section 10(6) of the Indian Income-tax Act, 1922, because its objects, membership and activities showed traders acting for their common interest. Member collections for rice and paddy arrangements and medical facilities were treated as remuneration for specific services, as the charges were directly linked to identifiable services. On that basis, the surplus from those collections was regarded as profits and gains and taxed under section 10(6), with the reference answered against the assessee and in favour of the Revenue. en-us Fri, 15 Jan 1971 00:00:00 +0530 Tue, 31 Mar 2009 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8148 An association formed to advance the common interests of Indian tea planters was treated as a trade or similar association under section 10(6) of the Indian Income-tax Act, 1922, because its objects, membership and activities showed traders acting for their common interest. Member collections for rice and paddy arrangements and medical facilities were treated as remuneration for specific services, as the charges were directly linked to identifiable services. On that basis, the surplus from those collections was regarded as profits and gains and taxed under section 10(6), with the reference answered against the assessee and in favour of the Revenue. Case-Laws Income Tax Fri, 15 Jan 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8148