https://www.taxtmi.com/caselaws?id=444700 The HC affirmed the Tribunal's decision, ruling that the receipts from the respondent/assessee, a Swiss association, were not fees for technical services but were exempt from tax under the principle of mutuality. The Court determined that the association operated on mutuality principles, with contributions from members not being trading receipts but aimed at common objectives. The Court concluded that the tests of mutuality-common identity, non-profiteering, and adherence to the mandate-were met, answering the substantial question of law in favor of the respondent/assessee, and thus, the appeals were disposed of. en-us Wed, 18 Oct 2023 00:00:00 +0530 Fri, 20 Oct 2023 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444700 The HC affirmed the Tribunal's decision, ruling that the receipts from the respondent/assessee, a Swiss association, were not fees for technical services but were exempt from tax under the principle of mutuality. The Court determined that the association operated on mutuality principles, with contributions from members not being trading receipts but aimed at common objectives. The Court concluded that the tests of mutuality-common identity, non-profiteering, and adherence to the mandate-were met, answering the substantial question of law in favor of the respondent/assessee, and thus, the appeals were disposed of. Case-Laws Income Tax Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444700