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![‘Transit Rent cannot be Taxed as Revenue Receipt: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Bombay-High-Court-Revenue-Receipt-Transit-Rent-cannot-be-Taxed-Transit-Rent-Bombay-HC-Tax-news-Taxscan.jpeg "‘Transit Rent cannot be Taxed as Revenue Receipt: Bombay HC [Read Order]")
‘Transit Rent' cannot be Taxed as 'Revenue Receipt': Bombay HC [Read Order]
In a recent decision the Bombay High Court observed that ‘Transit Rent' cannot be taxed as revenue receipt. The counsel for the petitioner sought...
![TDS provisions are not applicable in case of lump sum lease premium paid for acquisition of long-term lease: CBDT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2016/09/Tax-dedution-at-source-TDS-Tax-Scan.jpg "TDS provisions are not applicable in case of lump sum lease premium paid for acquisition of long-term lease: CBDT [Read Circular]")