![Investing in Shares by availing Service of Portfolio Manager is ‘Capital Gain’: ITAT dismisses appeal against Former Cricketer Sachin Tendulkar [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Sachin-Tendulkar-Taxscan.jpg "Investing in Shares by availing Service of Portfolio Manager is ‘Capital Gain’: ITAT dismisses appeal against Former Cricketer Sachin Tendulkar [Read Order]")
Investing in Shares by availing Service of Portfolio Manager is ‘Capital Gain’: ITAT dismisses appeal against Former Cricketer Sachin Tendulkar [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) yesterday dismissed the Department’s appeal against the former Cricketer Sachin Tendulkar and...
![Income from Running and Operation of a Mall and Service Charges are ‘Business Income’: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Mall-Operation-Taxscan.jpg "Income from Running and Operation of a Mall and Service Charges are ‘Business Income’: ITAT Mumbai [Read Order]")
![Income from Leasing out the Property is ‘Business Income’ if the main Object of Activity is to Make Profit: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/For-Lease-Taxscan.jpg "Income from Leasing out the Property is ‘Business Income’ if the main Object of Activity is to Make Profit: ITAT Hyderabad [Read Order]")
![Amount Paid under Compromise Decree is Deductible from Business Income: ITAT Pune [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/Amount-Paid-under-Compromise-Decree.jpg "Amount Paid under Compromise Decree is Deductible from Business Income: ITAT Pune [Read Order]")
Amount received for Promotion of Formula One event is ‘Business Income’, Taxable in India: Delhi HC [Read Judgment]
Receipt on Account of Granting License for the Promotion of Formula One event is Business Income, Taxable in India, rules Delhi High Court. The division bench of the Delhi High Court has ruled that...
![Amount received for Promotion of Formula One event is ‘Business Income’, Taxable in India: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/12/Formula-One-Tax-Scan.jpg "Amount received for Promotion of Formula One event is ‘Business Income’, Taxable in India: Delhi HC [Read Judgment]")
Profit from Transfer of Shares and units of Mutual Fund are Capital Gain, not Business Income: ITAT Ahmedabad [Read Order]
In a recent ruling, the ITAT, Ahmedabad bench held that the profit arising out of purchase and sale of shares and investing in mutual funds are capital gain. By relying upon the CBDT Circular...
![Profit from Transfer of Shares and units of Mutual Fund are Capital Gain, not Business Income: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Profit from Transfer of Shares and units of Mutual Fund are Capital Gain, not Business Income: ITAT Ahmedabad [Read Order]")
![Income from Mall Operations is Taxable as Business Income, says ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/City-Centre-Mall-Taxscan.jpg "Income from Mall Operations is Taxable as Business Income, says ITAT Mumbai [Read Order]")
![Income from Sale of Mutual Fund is ‘Capital Gain’, not Business Income, says ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/Mutual-Fund-Taxscan.jpg "Income from Sale of Mutual Fund is ‘Capital Gain’, not Business Income, says ITAT Delhi [Read Order]")
Rent received by a ‘licensee’ is ‘Business Income’, not taxable under the head ‘Income form House Property’: ITAT Kolkata [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal in a recent decision ruled that the rental income earned by a licencee is chargeable under the head ‘business income’. The Tribunal further made...
![Rent received by a ‘licensee’ is ‘Business Income’, not taxable under the head ‘Income form House Property’: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Rent-out-Business-Taxscan.jpg "Rent received by a ‘licensee’ is ‘Business Income’, not taxable under the head ‘Income form House Property’: ITAT Kolkata [Read Order]")
Income earned from consistently investing in Shares is Chargeable under the Head ‘Capital Gains’ not ‘Business Income’: ITAT Mumbai [Read Order]
The Mumbai division of the Income Tax Appellate Tribunal, has recently ruled that the income earned by the assessee on account of sale and purchase of shares will be considered as “capital gain.” The...
