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Budget 2024: FM's Proposal Requires Residential House Rentals to Be Reported as House Property Income, Not PGBP [Read Bill]
The Finance Minister, in the budget presentation, proposed to make an amendment in Section 28 of the income tax act, 1961. The proposal required the...
![Income from giving Commercial Properties for Compensation as per MOA Taxable as “Business Income”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-giving-Commercial-Properties-Compensation-MOA-Taxable-Business-Income-ITAT-Taxscan.jpg "Income from giving Commercial Properties for Compensation as per MOA Taxable as “Business Income”: ITAT [Read Order]")
![Income from Commercial Properties shall be treated as House Property Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Income-from-Commercial-Properties-House-Property-Income-ITAT-Taxscan.jpg "Income from Commercial Properties shall be treated as House Property Income: ITAT [Read Order]")
![Service Tax can be levied on Long-Term Lease of Commercial Properties: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Long-Term-Lease-Commercial-Properties-Taxscan.jpg "Service Tax can be levied on Long-Term Lease of Commercial Properties: CESTAT [Read Order]")