Comments on: Amount disbursed by chit Fund Company to its members from their contribution cannot be treated as interest

Comments on: Amount disbursed by chit Fund Company to its members from their contribution cannot be treated as interest http://taxguru.in/income-tax-case-laws/amount-disbursed-by-chit-fund-company-to-its-members-from-their-contribution-cannot-be-treated-as-interest.html Complete Tax Solution Sat, 26 May 2012 16:16:37 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Prashanth http://taxguru.in/income-tax-case-laws/amount-disbursed-by-chit-fund-company-to-its-members-from-their-contribution-cannot-be-treated-as-interest.html#comment-499584 Prashanth Thu, 05 Apr 2012 05:41:20 +0000 http://www.taxguru.in/?p=14277#comment-499584 Thanks for the info. I have a question, do i need to pay tax on the amount issued by the chit fund authority? Thanks for the info. I have a question, do i need to pay tax on the amount issued by the chit fund authority?

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