Housing cooperative society

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ousing cooperative society<br> Query (Issue) Started By: - NEERAJ BHUTORIA Dated:- 15-9-2010 Last Reply Date:- 16-9-2010 Other Topics<br>Got 1 Reply<br>Indian Laws<br>Whether registration of Housing C....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....o operative Society is compulsory and whether registration no is required at the time of application of PAN Card. Reply By Rama Krishana: The Reply: The principle of mutuality is application on CGHS ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....and therefore income arising out of mutual activities like subscription fee etc is not liable to Income Tax. However, certain other income of the CGHS would still be taxable which are not arising due ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....to mutual activity. To discharge the tax liability CGHS is required to obtain PAN number. Further, if you are asking registration with the registrar of co-operative group housing society or registra....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....r of society, the same is optional and if you wish to get the statutory support and avail the benefits under Income Tax Act, it is advisable to get yourself registered accordingly.<br> Discussion Foru....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....m - Knowledge Sharing ....