https://www.taxtmi.com/caselaws?id=381370 Water charges paid for rented premises were treated as part of the municipal levy because property tax under the Maharashtra Municipal Corporation Act includes water tax and similar charges, so the disallowance was upheld. Amounts retained out of catering collections from members were traced to mutual dealings between the club and its members and retained the character of a mutual receipt, so the addition was deleted. The overall appeal failed, as the assessment additions could not be sustained in full. en-us Thu, 06 Jun 2019 00:00:00 +0530 Mon, 10 Jun 2019 06:12:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381370 Water charges paid for rented premises were treated as part of the municipal levy because property tax under the Maharashtra Municipal Corporation Act includes water tax and similar charges, so the disallowance was upheld. Amounts retained out of catering collections from members were traced to mutual dealings between the club and its members and retained the character of a mutual receipt, so the addition was deleted. The overall appeal failed, as the assessment additions could not be sustained in full. Case-Laws Income Tax Thu, 06 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381370