![Different Floors of Single Building cannot be Counted as Separate “Residential Houses” u/s 54F of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Different-Floors-Single-Building-Counted-as-Separate-Residential-House-Income-Tax-Act-Delhi-HC-taxscan.jpg "Different Floors of Single Building cannot be Counted as Separate “Residential Houses” u/s 54F of Income Tax Act: Delhi HC [Read Order]")
Different Floors of Single Building cannot be Counted as Separate “Residential Houses” u/s 54F of Income Tax Act: Delhi HC [Read Order]
The Delhi High Court recently dismissed the income-tax department’s appeal, affirming an ITAT order that granted the taxpayer a ₹90-crore exemption...
![Income Tax Returns: CBDT notifies ITR Form 6 for AY 2025-26, Know Complete Changes Here [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/05/Income-Tax-Returns-ITR-Form-6-Know-Complete-Changes-Here-taxscan.jpg "Income Tax Returns: CBDT notifies ITR Form 6 for AY 2025-26, Know Complete Changes Here [Read Notification]")
Capital Gains arising on Mutual Fund Investments of Non Residents not Taxable in India: ITAT [Read Order]
In a landmark ruling, the Mumbai bench of the Income-Tax Appellate Tribunal (ITAT) has held that in view of Article 13 of DTAA between India and Singapore, the Capital Gains arising on mutual fund...
![Capital Gains arising on Mutual Fund Investments of Non Residents not Taxable in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Capital-Gains-Mutual-Fund-Investments-Capital-Gains-arising-on-Mutual-Fund-Investments-Non-Residents-not-Taxable-in-India-taxscan.jpg "Capital Gains arising on Mutual Fund Investments of Non Residents not Taxable in India: ITAT [Read Order]")
ITAT rules Pre-Possession Fit-Out Expenses as Cost of Improvement for Capital Gains Calculations [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that pre-ownership fit-out expenses incurred for making a bare-shell flat habitable qualifies to be a cost of improvement for...
![ITAT rules Pre-Possession Fit-Out Expenses as Cost of Improvement for Capital Gains Calculations [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Pre-Possession-Fit-Out-Expenses-Capital-Gains-Pre-Possession-Fit-Out-Expenses-itat-mumbai-taxscan.jpg "ITAT rules Pre-Possession Fit-Out Expenses as Cost of Improvement for Capital Gains Calculations [Read Order]")
ITAT rules Capital Gains from Trademark Sale by Johnson & Johnson as Long-Term, Stating Non-Eligibility for Depreciation u/s 50 [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT)ruled that the capital gains from the sale of trademarks "Coldarin" and "Raricap" by Johnson & Johnson should be treated as long-term...
![ITAT rules Capital Gains from Trademark Sale by Johnson & Johnson as Long-Term, Stating Non-Eligibility for Depreciation u/s 50 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Johnson-Johnson-1.jpg "ITAT rules Capital Gains from Trademark Sale by Johnson & Johnson as Long-Term, Stating Non-Eligibility for Depreciation u/s 50 [Read Order]")
Agricultural Land Sold 10 km Beyond Municipal Limits: ITAT Orders Verification to Determine Capital Asset Status u/s 2(14)(iii) [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) orders verification of evidence to determine whether the land qualifies as a capital asset under Section 2(14)(iii) of the Income Tax...
![Agricultural Land Sold 10 km Beyond Municipal Limits: ITAT Orders Verification to Determine Capital Asset Status u/s 2(14)(iii) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Agricultural-Land-Municipal-Limits-Taxscan.jpg "Agricultural Land Sold 10 km Beyond Municipal Limits: ITAT Orders Verification to Determine Capital Asset Status u/s 2(14)(iii) [Read Order]")
ITAT sets aside Income Addition and Capital Gains Tax due to Failure by Authorities to consider Key Evidence on Land's Municipal Status [Read Order]
The Jodhpur Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the addition of Rs. 72,14,060 to the assessee's income and the capital gains tax levied due to the failure of the authorities to...
![ITAT sets aside Income Addition and Capital Gains Tax due to Failure by Authorities to consider Key Evidence on Lands Municipal Status [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Income-Addition-Capital-Gains-Tax-Failure-Authorities-Key-Evidence-Lands-Municipal-Status-taxscan.jpg "ITAT sets aside Income Addition and Capital Gains Tax due to Failure by Authorities to consider Key Evidence on Lands Municipal Status [Read Order]")