Supreme Court Raises Concerns over MACT Rulings, Seeks Clear and Well-Reasoned Findings || Supreme Court Revives over Rs.16 Crore Service Tax Demand Against BPCL and HPCL in CNG Sales Case || Supreme Court Reduces Gang Rape Convict's Sentence to 20 Years, Cites Reform Prospects || Rajasthan High Court: NI and Commercial Court Proceedings Equal, Grants Accused Original Records || Bombay HC: Officials, Not Taxpayers, Must Pay For Losses From Illegal Project Cancellations || Karnataka HC: Major Unmarried Daughter can Claim PG Education Costs under Domestic Violence Act || Punjab & Haryana HC Calls For Wisdom Amid Lawyers' Strike over LADCS || Kerala HC Orders SIT to Conclude Sabarimala Gold Theft Probe After National Metallurgical Lab Report || Delhi HC Lifts Gag Order on the Wire; Prior Restraint in Defamation Not Sustainable || Delhi HC: Parents Fined Rs.2 Lakh over False Birth Date for School Admission

Search Results for Tag : Principle of Mutuality

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Gujarat High Court: Principle of Mutuality applies to Club run by a Company(27.06.2017)

Gujarat High Court, while deleting addition in respect of life membership and entrance fees received by assessee-Company, has held that principle of m.....

Tags : Gujarat High Court, Principle of Mutuality

SC: Principle of Mutuality not Applicable to Income from Deposits in Member Banks(21.08.2023)

Supreme Court has held that if any income is earned by the Clubs through deposits made by clubs in banks that are members of the club, such income wou.....

Tags : Supreme Court, Principle of Mutuality, Clubs, Banks