Sponsored
    Follow Us:

M G Vinaya Simha

Latest Posts by M G Vinaya Simha

Taxability of interest earned by Resident Welfare Association

June 14, 2020 22347 Views 2 comments Print

Note on Taxability of Interest Income from fixed deposits made out of corpus fund and maintenance surplus.  PRINCIPLES OF MUTUALITY   The Resident Welfare RWA’S( RWA) is primarily formed with a purpose to maintain, upkeep and provide amenities to the apartment owners/occupiers. Maintenance fee is collected every year for the purpose of the same. Rwa’s […]

Sponsored
Sponsored
Search Post by Date
April 2025
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930