https://www.taxtmi.com/highlights?id=72669 Doctrine of mutuality - satisfaction of three tests - Fees for technical services - assessee is an association (Verein), established in Switzerland, with its members being Chartered Accountant firms situated across the world - All three tests of mutuality having been satisfied as aforesaid, we are of the considered view that the receipts of the respondent/assessee Verein from its members were not in the nature of fees for technical services and that the same were exempt from tax having regard to the principle of mutuality. - HC en-us Fri, 20 Oct 2023 17:35:24 +0530 Mon, 23 Oct 2023 09:49:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72669 Doctrine of mutuality - satisfaction of three tests - Fees for technical services - assessee is an association (Verein), established in Switzerland, with its members being Chartered Accountant firms situated across the world - All three tests of mutuality having been satisfied as aforesaid, we are of the considered view that the receipts of the respondent/assessee Verein from its members were not in the nature of fees for technical services and that the same were exempt from tax having regard to the principle of mutuality. - HC Highlights Income Tax Fri, 20 Oct 2023 17:35:24 +0530 https://www.taxtmi.com/highlights?id=72669