https://www.taxtmi.com/caselaws?id=56949 Amounts collected as penalties for breaching an association's rules were not receipts for any individualized service to members; they were only consequences of default and therefore fell outside income from "specific services performed for members" under section 28(iii). The penalty receipts were held not taxable. Re-admission fees collected when a suspended member was reinstated were likewise treated as admission-related charges, not consideration for specific services, and were not taxable under section 28(iii). The tribunal applied the test that taxable receipts under this provision require a direct payment for a particular, identifiable benefit to the member, which was absent on both counts. en-us Tue, 01 Feb 1983 00:00:00 +0530 Tue, 07 Dec 2010 15:00:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56949 Amounts collected as penalties for breaching an association's rules were not receipts for any individualized service to members; they were only consequences of default and therefore fell outside income from "specific services performed for members" under section 28(iii). The penalty receipts were held not taxable. Re-admission fees collected when a suspended member was reinstated were likewise treated as admission-related charges, not consideration for specific services, and were not taxable under section 28(iii). The tribunal applied the test that taxable receipts under this provision require a direct payment for a particular, identifiable benefit to the member, which was absent on both counts. Case-Laws Income Tax Tue, 01 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56949