Dipjyoti Majumdar (CA in service & CS. dipmaj@ rediffmail.com ) (3468 Points)
18 September 2014Friends
Does membership renewal fees paid to Rotary Club of India fall within the purview of Club under point 21(a) of tax audit report.
Regards,
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 28 September 2014
Friends/Seniors
Any views or thoughts please.
Regards,
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 17 October 2014
Friends/Seniors
Any thoughts please.
Regards,
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 18 November 2014
Friends/Seniors,
Any thoughts please.
Regards,
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 27 November 2014
Friends/Seniors,
Any thoughts please.
Regards,
Anmol Juneja
(Student)
(104 Points)
Replied 27 November 2014
Since membership renewal fee is given to continue availing the services of a club as a member apart from subscripttion, i think it is of same nature as subscripttion being the cost for use of club services as in case of its non payment u may lose ur membership. So i think it shud be shown under point 21(a) of 3CD.
Following link may help you:-
/articles/tax-audit-a-glance-part-iii-exhaustive-reporting-on-3cd-11305.asp#.VHcfdtKUeSp
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