![Sinking Fund collected from Tenant for Maintenance and Repairs of Property not part of Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Rental-Income-Taxscan.jpg "Sinking Fund collected from Tenant for Maintenance and Repairs of Property not part of Rental Income: ITAT [Read Order]")
Sinking Fund collected from Tenant for Maintenance and Repairs of Property not part of Rental Income: ITAT [Read Order]
While hearing the case of M/s Altitus Managment Advisors Pvt. Ltd, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) recently held that...
CBEC clarifies GST in respect of Certain Services like Bus Body Building, Tyre Retreading [Read Circular]
The Central Board of Excise and Customs (CBEC) has today clarified the applicability of Goods and Services Tax (GST) in respect of certain services such as bus body building, retreading of tyres,...
![CBEC clarifies GST in respect of Certain Services like Bus Body Building, Tyre Retreading [Read Circular]](https://www.taxscan.in/wp-content/uploads/2018/02/Services-GST.jpg "CBEC clarifies GST in respect of Certain Services like Bus Body Building, Tyre Retreading [Read Circular]")
CCI imposes Penalty of 1 Cr on Ghaziabad Development Authority for Abuse of its Dominant Position [Read Order]
Cease and Desist Order was also issued against GDA. The Competition Commission of India ( CCI ) has found GDA to be in contravention of the provisions of Section 4(1) read with Section 4(2)(a)(i)...
ICAI’s bold actions against Errant CAs continues: Delhi and Gujarat based Chartered Accountants removed for Professional Misconduct [Read Notification]
The Institute of Chartered Accountants of India (ICAI) continues its efforts to eradicate fraud and misrepresentations in the Chartered Accountant’s profession. Last day, two Chartered Accountants...
Interest from Deposits made out of Surplus Fund from Business Receipt is assessable as Business Income, not as ‘Other Income’: ITAT [Read Order]
The Income Tax Appellate Tribunal in the case of ACIT vs. M/s. Agri Gold Constructions Pvt. Ltd. decided that interest from deposits made out of surplus funds from the business receipt is assessable...
![Interest from Deposits made out of Surplus Fund from Business Receipt is assessable as Business Income, not as ‘Other Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Income-Taxscan.jpg "Interest from Deposits made out of Surplus Fund from Business Receipt is assessable as Business Income, not as ‘Other Income’: ITAT [Read Order]")
Delhi HC Reads down Provision mandating 20% TDS on payments to Non-Residents: Says Provisions of DTAA prevails [Read Judgment]
The Delhi High Court, while hearing the writ petition of DANISCO India Private Limited, has read down the provisions of section 206AA of the Income Tax Act, 1961 which mandates deduction of tax at...
![Delhi HC Reads down Provision mandating 20% TDS on payments to Non-Residents: Says Provisions of DTAA prevails [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/DTAA-Double-Taxation-Avoidance-Agreement-Taxscan.jpg "Delhi HC Reads down Provision mandating 20% TDS on payments to Non-Residents: Says Provisions of DTAA prevails [Read Judgment]")
![Cenvat Credit not available for Sponsorship Service: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/CENVAT-Credit-Taxscan.jpg "Cenvat Credit not available for Sponsorship Service: CESTAT [Read Order]")