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Exemption Section

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02 June 2020 Income of Clubs and associaitons are excluded based on the mutuality concept. But how to claim the exemption in the ITR / Exempt under which section. Return has to be filed for getting the tds refund.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 June 2020 Don't include such receipts in ITR it will not be considered as income. Include only interst earned on deposit and income for which TDS is deducted in ITR and claim refund.
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