High Court Rules Cooperative Society Transfer Fees Are Non-Taxable Under Mutuality Principle.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Principle of mutuality - 'Transfer fee' received from outgoing member of co-operative society - whether is not taxable on the basis of concept of mutuality? - even though it is received towards Common Amenity Fund the principle of mutuality applies - HC....


TaxTMI
TaxTMI