![Interest from Bank Deposits prior to the period of Commencement of Business is Capital Receipt: ITAT Chandigarh [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Interest-Taxscan.jpg "Interest from Bank Deposits prior to the period of Commencement of Business is Capital Receipt: ITAT Chandigarh [Read Order]")
Interest from Bank Deposits prior to the period of Commencement of Business is Capital Receipt: ITAT Chandigarh [Read Order]
In a recent ruling, the ITAT Chandigarh held that the interest from Bank deposits prior to the period of commencement of the business is Capital...
![Amount Remissioned under Deferral Sales Tax Scheme is Capital Receipt, Not Taxable: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Cash-Payments.jpg "Amount Remissioned under Deferral Sales Tax Scheme is Capital Receipt, Not Taxable: ITAT Mumbai [Read Order]")
![Subsidy Received for Setting Up or Expansion of Industry is ‘Capital Receipt’, Not Taxable: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/07/Subsidy-Tax-Scan.jpg "Subsidy Received for Setting Up or Expansion of Industry is ‘Capital Receipt’, Not Taxable: ITAT Delhi [Read Order]")
![Discount received by a Buyer of Residential Flat from Property Broker is Capital Receipt, Not Taxable: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/02/Capital-Gain-Taxscan.jpg "Discount received by a Buyer of Residential Flat from Property Broker is Capital Receipt, Not Taxable: ITAT Delhi [Read Order]")
![Subsidy received as Excise Duty Reimbursement is a Capital Receipt, not Taxable: Bombay HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Subsidy received as Excise Duty Reimbursement is a Capital Receipt, not Taxable: Bombay HC [Read Judgment]")
Membership Fee received by the Club, refundable after 25 years is Capital Receipt, not Taxable: Gujarat HC [Read Judgment]
In a recent decision, the division bench of the Gujarat High Court has held that the amount received by a Club as security deposit towards the enrollment of members is capital receipt and therefore,...
![Membership Fee received by the Club, refundable after 25 years is Capital Receipt, not Taxable: Gujarat HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/Membership-fees-Taxscan.jpg "Membership Fee received by the Club, refundable after 25 years is Capital Receipt, not Taxable: Gujarat HC [Read Judgment]")
Corpus Fund received for meeting the hardships on redevelopment is ‘Capital Receipt’: ITAT Mumbai [Read Order]
A receipt ends up reducing the cost of acquisition of the asset should be treated as ‘Capital Receipt’ says Mumbai ITAT. The Mumbai bench of the Income Tax Appellate Tribunal recently held that...
![Corpus Fund received for meeting the hardships on redevelopment is ‘Capital Receipt’: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Corpus Fund received for meeting the hardships on redevelopment is ‘Capital Receipt’: ITAT Mumbai [Read Order]")
![ITAT Delhi exempts Income Tax liability of Compensation recieved via award on breach of contract [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Income-Tax.jpg "ITAT Delhi exempts Income Tax liability of Compensation recieved via award on breach of contract [Read Order]")
“Interest Received as part of Enhanced Accident Compensation” is a Capital Receipt for the Purpose of Income Tax, Hence not Taxable; ITAT Ahmedabad [Read Order]
The Income Tax Appellate Tribunal, Ahemdabad in a recent ruling held that the interest amount received by the assessee as part of enhanced accident compensation is not chargeable to income tax since...
![“Interest Received as part of Enhanced Accident Compensation” is a Capital Receipt for the Purpose of Income Tax, Hence not Taxable; ITAT Ahmedabad [Read Order]](/images/placeholder.jpg "“Interest Received as part of Enhanced Accident Compensation” is a Capital Receipt for the Purpose of Income Tax, Hence not Taxable; ITAT Ahmedabad [Read Order]")