![Interest Income is Assessable as Business Income: ITAT directs AO to Assess Interest Income under Head Income from Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Mumbai-Interest-Income-is-Assessable-as-Business-Income-ITAT-Directs-AO-to-Assess-Interest-Income-TAXSCAN.jpg "Interest Income is Assessable as Business Income: ITAT directs AO to Assess Interest Income under Head Income from Business [Read Order]")
Interest Income is Assessable as Business Income: ITAT directs AO to Assess Interest Income under Head Income from Business [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Assessing officer to assess the interest income under the head "Income...
![Partner should be entitled to all deductions while computing his share of profit for the salary received being considered as income from business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Partner-should-entitled-deductions-computing-profit-salary-being-considered-income-business-ITAT-TAXSCAN.jpg "Partner should be entitled to all deductions while computing his share of profit for the salary received being considered as income from business: ITAT [Read Order]")
![No Disallowance of Business Expenses for Service Charges Collected from Tenant under the Head Income from Business:ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/No-Disallowance-of-Business-Expenses-Disallowance-Service-Charges-Collected-from-Tenant-Business-Expenses-Tenant-Service-Charges-Income-from-Business-ITAT-taxscan.jpg "No Disallowance of Business Expenses for Service Charges Collected from Tenant under the Head Income from Business:ITAT [Read Order]")
![Income from Business of Renting Equipments of Residual Management not falls under House Property Income: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Income-Income-from-Business-Income-from-Business-of-Renting-Equipments-of-Residual-Management-Renting-Equipments-of-Residual-Management-taxscan.jpg "Income from Business of Renting Equipments of Residual Management not falls under House Property Income: ITAT deletes Addition [Read Order]")
Income from Letting Out properties along with other Amenities are chargeable to Tax under head ‘’Income from Business” : ITAT deletes revision order
The Income Tax Appellate Tribunal (ITAT) Jaipur Bench held that Income from letting out properties along with other amenities are chargeable to tax under the head of Income from business ....
Income earned by Builder from letting out of Property is assessable under head of 'Income from Business' when objective in MOA is letting out of Property: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has held that income earned by the Builder from letting out of the property is assessable under the head of “Income from Business” when...
![Income earned by Builder from letting out of Property is assessable under head of Income from Business when objective in MOA is letting out of Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Builder-property-Income-from-Business-MOA-letting-out-of-Property-ITAT-taxscan.jpg "Income earned by Builder from letting out of Property is assessable under head of Income from Business when objective in MOA is letting out of Property: ITAT [Read Order]")
![Profits from Transfer of Interest in Hydro Projects is Income from Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Interest-in-Hydro-Projects-Profits-from-Transfer-of-Interest-Hydro-Projects-Transfer-of-Interest-income-from-Business-ITAT-taxscan.jpg "Profits from Transfer of Interest in Hydro Projects is Income from Business: ITAT [Read Order]")
CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from Other Sources”: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench said that the CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from...
![CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from Other Sources”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/NFDC-CITA-fixed-deposit-interest-income-Income-from-Business-Income-from-Other-Sources-ITAT-Taxscan.jpeg "CIT(A) rightly treated the fixed deposit interest income under the “Income from Business & Profession” instead of “Income from Other Sources”: ITAT [Read Order]")
Rental Income from Letting out Shops in Mall is Income from Business not under the Head Income from House Property, says Allahabad HC [Read Judgment]
In Pr. Commissioner Of Income Tax, Allahabad vs. Atlantis Multiplex Pvt. Ltd, the division bench of Allahabad High Court held that, Rental Income received from letting out shops in a mall is Income...
![Rental Income from Letting out Shops in Mall is Income from Business not under the Head Income from House Property, says Allahabad HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/07/Malls-Rental-Income.jpg "Rental Income from Letting out Shops in Mall is Income from Business not under the Head Income from House Property, says Allahabad HC [Read Judgment]")