Interactive Webinar Series – The A-Z of Apartment Accounting – Part One
Saturday, August 1, 2020 saw the Sixth Episode of the Neighbourhoods of Tomorrow – Interactive Webinar Series hosted by the ADDA Team on The A-Z of Apartment Accounting : Taxation,…
Read more »Income Tax on Society FD and the “Doctrine of Mutuality”.
A Residential Society* collects Funds from its Members and pays for Common Expenses from such Funds. The Society does not pay Income Tax for any Excess of this Income over…
Read more »Income Tax for Apartment Owners Associations
Are Apartment Owners’ Associations in India liable to pay Income tax? Which income categories are taxable and which are exempt? Do they need to file tax returns every year? These…
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