Question ID :
A society is regd. under society registration act and their object is to specific for interest of particular community . They collect membership from their members and Donation from members and outsiders too and spent on their cultural activity , refreshment and some time some charitable activity also like medical camp etc.
My querry is whether surplus of such cultural activity is exempt and weather concept of principal of mutuality will attract pl. clarify in details
Aug 14 2019 12:00AM