Begin typing your search above and press return to search.
![Compensation for Termination of Business resulting in Loss of Source of Income is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Capital-Receipt-Taxscan.jpg "Compensation for Termination of Business resulting in Loss of Source of Income 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...
![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]")
![Mesne Profits Received for Wrongful Deprivation of Use and Occupation of Property is Capital Receipt, Not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Mesne-Profits-Taxscan.jpg "Mesne Profits Received for Wrongful Deprivation of Use and Occupation of Property is Capital Receipt, Not Taxable: ITAT [Read Order]")
![Amount received on Cancellation of Auction is not subject to Income Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Capital-Receipts-Taxscan.jpg "Amount received on Cancellation of Auction is not subject to Income Tax: ITAT [Read Order]")
![Amount received as Non-Competent Fee is Capital receipt: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/08/Non-Compete-Fee-Taxscan.jpg "Amount received as Non-Competent Fee is Capital receipt: Delhi HC [Read Judgment]")
Subsidy in the form of Exemption from Entertainment Duty to Newly Established Multiplex Theatres under State’s Scheme is Capital Receipt: SC [Read Judgment]
The Supreme Court of India recently ruled that a subsidy in the form of exemption from entertainment duty to newly established Multiplex Theatres under State’s scheme is capital receipt, and hence,...
![Subsidy in the form of Exemption from Entertainment Duty to Newly Established Multiplex Theatres under State’s Scheme is Capital Receipt: SC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan.jpg "Subsidy in the form of Exemption from Entertainment Duty to Newly Established Multiplex Theatres under State’s Scheme is Capital Receipt: SC [Read Judgment]")
Subsidy from State Govt under ‘Capital Investment Subsidy’ is a Non Taxable Capital Receipt: ITAT [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal on yesterday ruled that the amount received as subsidy from the State Government under ‘Capital Investment subsidy’ is not taxable under the Income...
![Subsidy from State Govt under ‘Capital Investment Subsidy’ is a Non Taxable Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Subsidy-Taxscan.jpg "Subsidy from State Govt under ‘Capital Investment Subsidy’ is a Non Taxable Capital Receipt: ITAT [Read Order]")
![Share Premium is Capital Receipt, Not taxable: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/07/Shares-TaxScan.jpg "Share Premium is Capital Receipt, Not taxable: Bombay HC [Read Judgment]")