The Membership Program The Suncity Club & Resort has membership packages offering their members special privileges and benefits. We cordially invite you, your family and friends to enroll and avail the introductory launch offer of the club membership for 11 years.

Family Membership

Rs. 3,00,000 inclusive of GST for family, which includes a couple, a male child till 21 years and female child until she gets married. Offered for 11 years.

* Price is subject to change without prior information.

Short term Family Membership

Rs. 1,50,000 same as family membership but offered for 3 years.

* Price is subject to change without prior information.

Corporate Membership

Rs. 3,50,000 inclusive of GST for a family, which includes a couple, male child till 21 years and female child until she gets married. Advantage in this membership is that the nominee of the membership can be changed.

* Price is subject to change without prior information.

Short term Corporate Membership

Rs. 1,75,000 same as corporate membership but offered for 3 years.

* Price is subject to change without prior information.

We assure you that this will be the lowest membership fees offered to you and will be revised upwardly at regular intervals of time. The consideration of 11 years of club membership will start from the day the payment is made.

Note: Our only aim is to provide the best to all members. At regular intervals, the management will modify any rules and regulations that are required for the benefit of its members. The Club is open and functional for its members so please feel free to visit the property at any time and our representatives will be more than happy to show you around.

THE BENEFITS

The Suncity Club and Resort (LLP) has taken a professional opinion on the tax treatment of the membership fees paid by a member for the purpose of their tax assessment. Summary of the said opinion is mentioned herein.

The amount which is paid as membership fees in non-refundable. Further, the other amounts which are paid as annual fees, charges for usage of the facilities and other sums in the form of service fees, etc. are also annual or periodical expenses.

As per judicial pronouncement where the payment is made as club membership fees, the same can be considered as revenue expenditure in the year in which the club being operational and once it is established that the said expenditure is incurred wholly and exclusively for the purpose of business carried on by the person incurring such expenditure, such membership fees and other fees paid to the club is allowable as deduction.

Accordingly, when the membership fees is paid by –

Family Membership

When such individuals is carrying on the business (proprietary firm) or profession, the amount paid as membership fees will be available as deduction including amount paid for their bonafide employee.

Corporate Membership (Membership should be in the company’s name)

  • Partnership concern will be entitled to claim the deduction of the expenditure incurred thereon, provided the nomination is done by such partnership firm of their bonafide employees, partners who are actually engaged in the business of the firm.
  • LLP – Limited liability partnership is when an individual makes payment of the membership fees, it will also be entitled to claim the deduction of the expenditure incurred thereon, provided the nomination is done by such LLP of their bona fide employees, designated partners who are actually, engaged in the business of the companies.
  • When a company takes up corporate membership and makes payment of the membership fees, it will also be entitled to claim the deduction of the expenditure incurred thereon, provided the nomination is done by such Companies of their bonafide employees, directors who are actually engaged in the business of the companies.

Caution

  • Kindly note that this is merely an opinion and given for the purpose of information to the persons becoming members and should not be treated as an advice or inducement for becoming a member.
  • Each of the Members are requested to take professional advice on the same and the Club / Management / Governing Council does not take any responsibility for the same.
  • Referred –section 37 of the income Tax Act
  • We look forward to having a healthy relationship during the years ahead.