Chit funds - Taxability of foreman dividend - The assessee was a business concern and its aim was to make profits and, thus, the principles of mutuality could not be applied to it - Tri - Income Tax - Highlights

Income Tax - Dated - 12-12-2013 - Chit funds - Taxability of foreman dividend - The assessee was a business concern and its aim was to make profits and, thus, the principles of mutuality could not be applied to it - Tri - TMI Tax Updates - Highlights ................................... Income Tax - Highlights