Are Housing Societies Taxable? Income Tax Rules Every RWA and Apartment Association Must Know
ADDA
JULY 27, 2025
Apartment living entails a number of shared responsibilities, such as maintaining lifts and managing common funds. The Supreme Court ruled in Venkatesh Premises Co-op Society Ltd vs. ITO (2018) that this money is a pooled contribution used for self-benefit rather than income. What, if anything?
Let's personalize your content