Amount collected towards maintenance


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 November 2011 Amount collected by the residential association towards common expenses should be chargeable to Tax under which head
1.65(105)(25a)- club or association or
2.65(105)(64)Management,Maintenance or repair

17 November 2011 None of the above.

17 November 2011 The property is being used for residential purpose and not for commercial purpose so these clauses should not be applicable.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 November 2011 Act does not speak about commercial usage


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
11 July 2026
CA semi qualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details