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Question ID : 44671

Taxability of yearly membership fee received in cash

In case of AOP, yearly maintenance is received from members in cash as and when required. These cash is deposited into AOP bank A/c. and cheques are issued for expenditure. Whether cash received is revenue receipt of AOP

posted by ATUL MUKUNDLAL TOSHNIWAL on Jun 25 2024 12:00AM

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