Please Help: Charitable Education Society
Posted Date : 21-Sep-2011 , 09:48:56 am | Posted By CA TUSHAR JAIN
Pls solve my query.......My client is a member of an education society, He has given his personnel assets (Movable and Immovable) to society for use. Could he charge rent for the same from the society....
Category : Income Tax | Answers : 1 | Comments : 2 | Hits : 271
Answers
Answer By: Ashish Karundia
Dear Tushar,
Yes, the member can charge the rent from the society. There is no bar in doing the same.
Yes, the member can charge the rent from the society. There is no bar in doing the same.
Comments
CA SUBHASH KR.
21-Sep-2011 , 10:07:20 pmyou have right said .
rajat bhatia
29-Sep-2011 , 03:01:07 pmyes, member can charge rent.