![Payments received from Indian Hotel Owner for provision of GRS is Business Income: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Business-Income-Taxscan.jpg "Payments received from Indian Hotel Owner for provision of GRS is Business Income: AAR [Read Order]")
Payments received from Indian Hotel Owner for provision of GRS is Business Income: AAR [Read Order]
The New Delhi Bench of Authority of Advance Rulings in the application made by FRS Hotel Group (Lux) S.a.r.l. (Now FRHI Hotels & Resorts S.a.r.l.)...
![Scraps generated in normal course of Business must be treated as part of Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/03/Sale-of-Scrap-Tax-Scan.jpg "Scraps generated in normal course of Business must be treated as part of Business Income: ITAT [Read Order]")
![Actual Service rendered by each Individual need not be Established for allowing Commission in Land Transactions: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Land-Transactions-Karnataka-High-Court.jpg "Actual Service rendered by each Individual need not be Established for allowing Commission in Land Transactions: Karnataka HC [Read Judgment]")
![Activity of Publishing Journal supported by Sponsorship Fees can’t be treated as Business Activity of Trust: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/ITAT-Trust-Taxscan.jpg "Activity of Publishing Journal supported by Sponsorship Fees can’t be treated as Business Activity of Trust: ITAT [Read Order]")
Unabsorbed Brought Forward Business Loss Should Be Set Off Against the Business Income: ITAT [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) in Gouranga Cement Pvt. Ltd vs. DCIT recently held that Unabsorbed brought forward business loss should be set off against the business...
![Unabsorbed Brought Forward Business Loss Should Be Set Off Against the Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Business-Loss-Taxscan.jpg "Unabsorbed Brought Forward Business Loss Should Be Set Off Against the Business Income: ITAT [Read Order]")
CBDT invites suggestions on Draft Notification pertaining to new Rule 11UAB of IT Rules, 1962 [Read Draft Notification]
The Central Board of Direct Taxes ( CBDT ) has invited suggestions on the draft notification pertaining to new Rule 11UAB of the Income Tax Rules, 1962. The Finance Act, 2018 has inserted clause...
![CBDT invites suggestions on Draft Notification pertaining to new Rule 11UAB of IT Rules, 1962 [Read Draft Notification]](https://www.taxscan.in/wp-content/uploads/2018/05/Business-Income-CBDT-Taxscan.jpg "CBDT invites suggestions on Draft Notification pertaining to new Rule 11UAB of IT Rules, 1962 [Read Draft Notification]")
![Interest accrued on Loans Taxable as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Loan-Taxscan.jpg "Interest accrued on Loans Taxable as Business Income: ITAT [Read Order]")
![Warehouse Rent Taxable as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Warehouse-Taxscan.jpg "Warehouse Rent Taxable as Business Income: ITAT [Read Order]")
Profit earned by Housewife from share Transaction is Business Income, Not Capital Gain: ITAT [Read Order]
The Delhi Bench of the ITAT, on Thursday, ruled that the profit earned by a Housewife on the purchase and sale of shares would amount to business income and net short-term capital gain under the...
![Profit earned by Housewife from share Transaction is Business Income, Not Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Housewife-TaxScan.jpg "Profit earned by Housewife from share Transaction is Business Income, Not Capital Gain: ITAT [Read Order]")
Net Income from Derivative Trading in commodity should be assessed as Business Income of Speculation Business: ITAT [Read Order]
In Kunal G. Kataria and Assistant Commissioner of Income Tax v. ACIT, the Mumbai bench of Income Tax Appellate Tribunal (ITAT) recently held that the net income from derivative trading in commodity...
![Net Income from Derivative Trading in commodity should be assessed as Business Income of Speculation Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Income-Taxscan.jpg "Net Income from Derivative Trading in commodity should be assessed as Business Income of Speculation Business: ITAT [Read Order]")
Sale Consideration of Shares is Capital Gain If Company treated the same as Investment: Delhi HC follows five broad tests to decide Nature of Income [Read Judgment]
The Delhi High Court, following a-five broad tests to decide the nature of income, ruled that the receipt out of sale of shares is Capital Gain if the Company treated the same as investment. In the...
![Sale Consideration of Shares is Capital Gain If Company treated the same as Investment: Delhi HC follows five broad tests to decide Nature of Income [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/11/Capital-Gain-Taxscan.jpg "Sale Consideration of Shares is Capital Gain If Company treated the same as Investment: Delhi HC follows five broad tests to decide Nature of Income [Read Judgment]")