Turf Club membership
New member has to give a one time non refundable membership fee of Rs.25 Lakhs. Does it attract any tax incl GST? Please guide.
Regards,
Jayanta Bandyopadhyay 06 July 2026
Turf Club membership
New member has to give a one time non refundable membership fee of Rs.25 Lakhs. Does it attract any tax incl GST? Please guide.
Regards,
kavksatyanarayana (subregistrar/supdt.(retired)) 06 July 2026
Yes. It attracts GST at 18% and income tax also. Consult a local CA/CS for tax and gst services.
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