https://www.taxtmi.com/forum/issue?id=118301 Under the mutuality principle, maintenance receipts and related excess expenditure of a mutually aided cooperative society are treated as non taxable among members, and such maintenance losses should not be set off against the society's interest income; the filer reports that ITR 5 electronic filing is automatically netting the maintenance excess expenditure against interest income and seeks a way to exclude that setoff. en-us Tue, 27 Dec 2022 19:30:24 +0530 Fri, 24 Jan 2025 10:40:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118301 Under the mutuality principle, maintenance receipts and related excess expenditure of a mutually aided cooperative society are treated as non taxable among members, and such maintenance losses should not be set off against the society's interest income; the filer reports that ITR 5 electronic filing is automatically netting the maintenance excess expenditure against interest income and seeks a way to exclude that setoff. Discussion-Forum Income Tax Tue, 27 Dec 2022 19:30:24 +0530 https://www.taxtmi.com/forum/issue?id=118301