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Concept of Mutuality

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(Querist)
10 September 2009 wat is concept of mutuallity(Co-op Society)
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ARUN KUMAR V

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ARUN KUMAR V (Expert)
10 September 2009 Mutuality means coming togother by some persons for their mutual welfare. they pool money into the concern and no outsiders allowed to make transaction with the concern. so no interaction withoutsiders no genaration of profit.no tax.
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