<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Interest on Installments for Club/Association Services Not Taxable Under Current Tax Rules; Seen as Financial Arrangement.</title>
    <link>https://www.taxtmi.com/highlights?id=41767</link>
    <description>Classification of services - Club/Association Service or not - interest on instalments is only a financial arrangement for the deferred payment which is only to set-off any financial loss on account of deferred payment and that this kind of interest is not a taxable entity under the tax net.</description>
    <language>en-us</language>
    <pubDate>Mon, 01 Oct 2018 08:42:00 +0530</pubDate>
    <lastBuildDate>Mon, 01 Oct 2018 08:42:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=536628" rel="self" type="application/rss+xml"/>
    <item>
      <title>Interest on Installments for Club/Association Services Not Taxable Under Current Tax Rules; Seen as Financial Arrangement.</title>
      <link>https://www.taxtmi.com/highlights?id=41767</link>
      <description>Classification of services - Club/Association Service or not - interest on instalments is only a financial arrangement for the deferred payment which is only to set-off any financial loss on account of deferred payment and that this kind of interest is not a taxable entity under the tax net.</description>
      <category>Highlights</category>
      <law>Service Tax</law>
      <pubDate>Mon, 01 Oct 2018 08:42:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=41767</guid>
    </item>
  </channel>
</rss>