Are Housing Societies Taxable? Income Tax Rules Every RWA and Apartment Association Must Know
ADDA
JULY 27, 2025
Mistaking the applicability of GST for income tax RWAs commonly make the mistake of assuming that maintenance fees that are subject to GST (more than $7,500 per flat per month) are also subject to income tax, even though this is untrue. Which court decisions clarified the RWA income tax regulations?
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