RWA tax

 its resident welfare association

the main object of the welfare associtins is social work on free of cost or nominal charges, so the are not lauble to pay tax. but it can be compulsory to submit the audited income & expenditure account to all related departments

hello

RWA are not liable for payment of income tax if services are provided to its members. It is not taxable because of the concept of mutuality.

However where RWA provides services to non  members then they will be assessed to tax as AOP.

THis concept of mutuality is done away in service tax.

As per Explanation to S 65, RWA providing services to its members are liable for payment of service tax.

https://taxbykk.blogspot.com/

thanks

kaushal