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![Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Interest-income-power-plant-capital-receipt-ITAT-Taxscan.jpg "Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]")
Interest Income linked with Power Plant set up is Capital Receipt, can’t be Taxed: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Allahabad Bench held that the no tax is applicable on the interest income linked with the power plant set...
![Mesne Profits and its interest received for unauthorised occupation of immovable property by Indian Overseas Bank is taxable: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/11/Mesne-Profits-interest-unauthorised-occupation-immovable-property-Indian-Overseas-Bank-Delhi-High-Court-Taxscan.jpeg "Mesne Profits and its interest received for unauthorised occupation of immovable property by Indian Overseas Bank is taxable: Delhi High Court [Read Judgment]")
![Compensation from Builder on cancellation of flat taxable as Other Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-flat-compensation-Taxscan.jpg "Compensation from Builder on cancellation of flat taxable as Other Income: ITAT [Read Order]")
![Reimbursement of Equipment Lost in Hole is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Reimbursement-Capital-Receipt-Taxscan.jpg "Reimbursement of Equipment Lost in Hole is Capital Receipt: ITAT [Read Order]")
![Receipts from Carbon Credit is not Business Income: ITAT disallows Deduction Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Carbon-Credit-ITAT-Deduction-Claim-Taxscan.jpg "Receipts from Carbon Credit is not Business Income: ITAT disallows Deduction Claim [Read Order]")
Interest Received on FDRs/ICDs with Bank/NBFCs made out of Unutilized Funds which could not be used in development of Port Terminal is Capital Receipt: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) in the case of M/s. Karanja Terminal and Logistics Pvt. Ltd. held that interest received on FDRs/ICDs with bank/NBFCs made out of...
![Interest Received on FDRs/ICDs with Bank/NBFCs made out of Unutilized Funds which could not be used in development of Port Terminal is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Capital-Receipt-Taxscan.jpg "Interest Received on FDRs/ICDs with Bank/NBFCs made out of Unutilized Funds which could not be used in development of Port Terminal is Capital Receipt: ITAT [Read Order]")
![Subsidy received under Technical Upgradation Fund Scheme is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/VAT-Subsidy-Taxscan.jpg "Subsidy received under Technical Upgradation Fund Scheme is Capital Receipt: ITAT [Read Order]")
![Subsidy Received under Grain Distillery Scheme is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Subsidy-Taxscan.jpg "Subsidy Received under Grain Distillery Scheme is Capital Receipt: ITAT [Read Order]")
Compensation for Termination of Business resulting in Loss of Source of Income is Capital Receipt: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Raipur bench has held that the compensation received by the assessee- Company for the closure/ termination of business activity resulting in loss of source of...
![Receipts for Exercising Voting Rights in a Company is not Taxable: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Voting-Rights-Calcutta-High-Court-Taxscan.jpg "Receipts for Exercising Voting Rights in a Company is not Taxable: Calcutta HC [Read Order]")