year 1997-98. It was pointed
out that the assessee has shown timeshare income to the
extent of Rs.9.45 crores against the actual ... membership fee which is reasonably
attributable towards direct cost required to sell timeshare
unit is recognised as timeshare income. In this connection,
the contention
come into
limelight recently with several variants and sale of timeshare unit is
one such variant with which are concerned in the present group ... dynamics of how timeshare industry works is not difficult to
grasp. The company will set up several resorts at tourist places, either
2011
come into limelight recently with several variants and
sale of timeshare unit is one such variant with which
are concerned in the present group ... appeals.
24. The dynamics of how timeshare industry works is
not difficult to grasp. The company will set up several
resorts at tourist places, either
Mahindra Holidays & Resorts India Ltd., ... vs Dcit (Ltu) , Chennai on 10 May, 2023
आयकर
Acit Company Circle Vi(1), Chennai vs Saipem India Projects Private Limited, ... on 23 December
Verizon Communications Singapore Pvt. ... vs Department Of Income Tax on 8 February, 2001
IN THE
answer the question posed to the Special
Bench, the entire amount of timeshare membership fee receivable
by the assessee up front at the time
Verizon Communications Singapore Pte. ... vs Assessee on 4 August, 2010
IN THE INCOME TAX APPELLATE
give you a gift provided
you pay the money and take a timeshare
membership", this seems to be conditions. Quid pro
quo is evidence
give you a gift provided
you pay the money and take a timeshare
membership", this seems to be condition. Quid