Are Housing Societies Taxable? Income Tax Rules Every RWA and Apartment Association Must Know
ADDA
JULY 27, 2025
CIT (2013) made it clear that interest from non-member sources, like banks, violates mutuality. Investment income compliance is made easier if funds are held in cooperative institutions. What are the usual tax compliance requirements for RWAs? Which court decisions clarified the RWA income tax regulations?
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