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![No addition can be made on Interest Received from Arbitration Award for Settle Dispute with respect to Contact of Payment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/addition-Interest-Arbitration-Award-Dispute-Contact-Payment-ITAT-taxscan.jpg "No addition can be made on Interest Received from Arbitration Award for Settle Dispute with respect to Contact of Payment: ITAT [Read Order]")
No addition can be made on Interest Received from Arbitration Award for Settle Dispute with respect to Contact of Payment: ITAT [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that no addition could be made on interest received from an arbitration award...
![Payment for Breach of Contractual Obligation Pursuant to An Arbitration Award Deductible from Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Payment-Breach-of-Contractual-Obligation-Contractual-Obligation-Arbitration-Award-Business-Income-ITAT-Income-Tax-taxscan-.jpg "Payment for Breach of Contractual Obligation Pursuant to An Arbitration Award Deductible from Business Income: ITAT [Read Order]")
![Arbitration Award is Taxable as Other Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/09/Arbitration-Award-Other-Income-ITAT-Taxscan.jpg "Arbitration Award is Taxable as Other Income: ITAT [Read Order]")
![Payment of Arbitration Award not part of Cost Base for Margin Calculation: ITAT Follows Rule of Consistency in Hyundai’s Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Hyundai-Rotem-Taxscan.jpg "Payment of Arbitration Award not part of Cost Base for Margin Calculation: ITAT Follows Rule of Consistency in Hyundai’s Case [Read Order]")