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Concept of mutuality - apartment owners association

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(Querist)
13 July 2019 To file an income tax return i require the following clarification
1. I know very well that concept of mutuality applies to apartments owners association and hence the same is exempt from tax. However the association received maintenance charges from both members and non-members. (Ie) tenants. In such case whether it is taxable or exempt from tax.
2.In income tax return where to disclose such exempted income
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
14 July 2019 Receipts from Non members is taxable since it is outside mutuality concept.

To route the receipts and payments through IFOS in ITR-5.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 July 2019 Agreed with the above reply.
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