When a mutual concern provides goods and services to non‐members also and, some profit flows from
said transactions, it is chargeable to tax. (AY 1996‐97)
Dy.DIT v. Societe International De Telecommunication (2012) 139 ITD 328 (Mum)(Trib.)
Saturday, 19 January 2013
Provision of goods/services to non‐ members – Profit from transaction is liable to tax.
When a mutual concern provides goods and services to non‐members also and, some profit flows from
said transactions, it is chargeable to tax. (AY 1996‐97)
Dy.DIT v. Societe International De Telecommunication (2012) 139 ITD 328 (Mum)(Trib.)
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