The ABC Housing Co Operative Society Ltd. registered uder a state government works for maintinance and development of Society. Is the memebers deveopement fund receipt by ABC Housing Co-Operative Society Ltd will taxable or not
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Housing Co-operative society
Replies (2)
No, its not taxable become its not generate revenue income, its only one type member fund
u can invest proper and after which income generate is taxable.
| Originally posted by : Sagar Zankhariya | ||
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No, its not taxable become its not generate revenue income, its only one type member fund u can invest proper and after which income generate is taxable. |
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