Top
Begin typing your search above and press return to search.
Income Tax: Investment do not lose their ‘Capital’ Nature merely because Purchase was made with an Intention to Resell, rules Calcutta HC

Income Tax: Investment do not lose their ‘Capital’ Nature merely because Purchase was made with an...

Taxscan Team
Dividends of Shares held as Stock-in-Trade not Deductible from Business Income: Delhi HC dismisses Appeal of PNB Housing Finance Ltd [Read Order]

Dividends of Shares held as Stock-in-Trade not Deductible from Business Income: Delhi HC dismisses...

Taxscan Team
Interest Income from Staff Loans and Advances, Fixed Deposits and Advances to be Treated as Business Income: ITAT [Read Order]

Interest Income from Staff Loans and Advances, Fixed Deposits and Advances to be Treated as Business...

Taxscan Team
Remission of Liability by order of BIFR is a Capital Liability, cannot be brought to Tax as Business Income: ITAT [Read Order]

Remission of Liability by order of BIFR is a Capital Liability, cannot be brought to Tax as Business...

Taxscan Team

Earning Interest Income from Inter-Corporate Deposit is Business Income: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Kolkata bench held that earning interest income from Inter-corporate Deposit is business income. The assessee, Sunny Rock Estates & Developers Pvt....

Earning Interest Income from Inter-Corporate Deposit is Business Income: ITAT [Read Order]
Taxscan Team

Sale proceeds of Investment in Shares made as 'Investor' treated as 'Capital Gains’, not as 'Business Income': ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has held that sale proceeds of investment in shares made as 'investor' are treated as 'capital gains’, not as 'business income'. The...

Sale proceeds of Investment in Shares made as Investor treated as Capital Gains’, not as Business Income: ITAT [Read Order]
Taxscan Team

Expenditure resulting in Income or Substantial Income not necessary for granting Deduction for Business Purpose: ITAT [Read Order]

The Income Tax Appellate Tribunal ( ITAT ) has held that, Expenditure resulting in income or substantial income not necessary for granting deduction for business purposes. The assessee, M/s....

Expenditure resulting in Income or Substantial Income not necessary for granting Deduction for Business Purpose: ITAT [Read Order]
Taxscan Team

ITAT upholds Addition of Income from Cricket Betting as Business Income applying 1% of GP [Read Order]

Income Tax Appellate Tribunal (ITAT), Ahmedabad bench consisting of Pramod M Jagtap, Vice President and Suchitra R Kamble, Judicial Member upheld addition of Income from Cricket Betting as Business...

ITAT upholds Addition of Income from Cricket Betting as Business Income applying 1% of GP [Read Order]
Taxscan Team

Discount on Issue of ESOP Deductible from Business Income: ITAT grants Relief to Morgan Stanley [Read Order]

In a major relief to Morgan Stanley Advantage Services Pvt. Ltd, a division bench of the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri Kuldip Singh, Judicial Member and...

Discount on Issue of ESOP Deductible from Business Income: ITAT grants Relief to Morgan Stanley [Read Order]
Taxscan Team

Rent from Unsold Flat by Developer Taxable as 'Income from House Property': ITAT [Read Order]

The Income Tax Appellate Tribunal Pune Bench has held that the rent from unsold flats by the developer is taxable as "income from house property". The appellant, Mr. Atul Jaiprakash Goel, is a...

Rent from Unsold Flat by Developer Taxable as Income from House Property: ITAT [Read Order]
Taxscan Team

Subsidy received as Octroi Duty Refund is Capital Receipt and not Taxable: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai has held that, Subsidy received as an octroi duty refund is a capital receipt and not chargeable as tax. Assessee Company, Sudal Industries Limited...

Subsidy received as Octroi Duty Refund is Capital Receipt and not Taxable: ITAT [Read Order]
Taxscan Team

Quick Links

Know More

© 2025 Taxscan. All rights reserved.

Powered by  Blink CMS

All Rights Reserved. Copyright @2019
Powered By Hocalwire
X