Non-occupancy charges will NOT be taxable on the ground of principle of 'mutuality'
> Hence, Non-occupancy charges received by Housing society is NOT taxable...
>> Held in ::: Mittal Court Premises Cooperative Society Limited Vs. ITO, reported in (2010)
also refer ::: M/s Mahalaxmi Sheela Premises CHS Ltd. Vs. ITO
> Hence, Non-occupancy charges received by Housing society is NOT taxable...
>> Held in ::: Mittal Court Premises Cooperative Society Limited Vs. ITO, reported in (2010)
also refer ::: M/s Mahalaxmi Sheela Premises CHS Ltd. Vs. ITO
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