https://www.taxtmi.com/caselaws?id=289299 A trade association's compulsory laga collected from members was treated as remuneration definitely related to specific services rendered, because the charge was linked to enforcement of contracts, settlement of disputes, surveys, arbitrations, appeals, and related procedures. The court rejected the contention that the collection was voluntary or unrelated to membership, and held that the association's memorandum, articles, and bye-laws showed a direct connection between the payment and the services provided to members. The sum was therefore taxable as business income under the Income-tax Act, 1922, and the reference was answered in favour of the Revenue. en-us Thu, 12 Mar 1964 00:00:00 +0530 Fri, 24 Jul 2020 10:57:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289299 A trade association's compulsory laga collected from members was treated as remuneration definitely related to specific services rendered, because the charge was linked to enforcement of contracts, settlement of disputes, surveys, arbitrations, appeals, and related procedures. The court rejected the contention that the collection was voluntary or unrelated to membership, and held that the association's memorandum, articles, and bye-laws showed a direct connection between the payment and the services provided to members. The sum was therefore taxable as business income under the Income-tax Act, 1922, and the reference was answered in favour of the Revenue. Case-Laws Income Tax Thu, 12 Mar 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289299