TAX UPDATES: Contribution to Chit find by Trust is contribution to self because Chit fund is a mutual association only. Hence for deposit with Chit fund there is no violation of 11(5).Held by Hyd Trib in Sankshema on 31-07-3015

Wednesday, 30 September 2015

Contribution to Chit find by Trust is contribution to self because Chit fund is a mutual association only. Hence for deposit with Chit fund there is no violation of 11(5).Held by Hyd Trib in Sankshema on 31-07-3015

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