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![ITAT Rules Compensation for Delayed Property Delivery as Capital Receipt, Not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/itat-income-tax-itat-delhi-Delayed-Property-Delivery-Taxscan.jpg "ITAT Rules Compensation for Delayed Property Delivery as Capital Receipt, Not Taxable [Read Order]")
ITAT Rules Compensation for Delayed Property Delivery as Capital Receipt, Not Taxable [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT )ruled that the compensation of Rs.5,947,940 received by the assessee from Jaypee Greens...
![Professional Charges for Processing Loan for Construction of Property from which Assessee Received Rental Income not allowable as Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Expenditure-Taxscan.jpg "Professional Charges for Processing Loan for Construction of Property from which Assessee Received Rental Income not allowable as Business Expenditure: ITAT [Read Order]")