Bellary Urban Development Authority Exempted from Income Tax u/s 10(46): Notifies CBDT [Read Order]
In accordance with notification number S.O. 40(E) dated January 2, 2024, the Central Board of Direct Taxes (CBDT) has granted an Income Tax exemption...
![CBDT Grants Income Tax Exemption to Maharashtra Council of Homoeopathy u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/11/Income-Tax-Exemption-Maharashtra-Council-of-Homoeopathy-Homoeopathy-Tax-Exemption-News-Homoeopathy-Tax-Exemption-TAXSCAN.jpg "CBDT Grants Income Tax Exemption to Maharashtra Council of Homoeopathy u/s 10(46) [Read Notification]")
![CESTAT quashes Service Tax Demand on Construction of Residential Complex under JnRUM on ground of Absence of Commercial Activity [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/CESTAT-Quashes-Service-Tax-Demand-Construction-Residential-Complex-JnRUM-ground-Commercial-Activity-taxscan.jpg "CESTAT quashes Service Tax Demand on Construction of Residential Complex under JnRUM on ground of Absence of Commercial Activity [Read Order]")
Charging of Fees for conducting Matches or Tournament in Rifle Shooting is not Commercial Activity : ITAT grants relief to Haryana Rifle Association [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) granting relief to Haryana Rifle Association ruled that charging of fees for conducting matches or tournaments in rifle shooting is not...
![Charging of Fees for conducting Matches or Tournament in Rifle Shooting is not Commercial Activity : ITAT grants relief to Haryana Rifle Association [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Charging-of-Fees-for-conducting-Matches-or-Tournament-in-Rifle-Shooting-is-Commercial-Activity-ITAT-grants-relief-to-Haryana-Rifle-Association-.jpg "Charging of Fees for conducting Matches or Tournament in Rifle Shooting is not Commercial Activity : ITAT grants relief to Haryana Rifle Association [Read Order]")
Income earned from Commercial Activity can't be claimed as a Deduction u/s 80P of Income Tax Act: ITAT dismisses Appeal [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the income earned from commercial activity cannot be claimed as a deduction under Section 80P of the Income Tax Act, 1961. ...
![Income earned from Commercial Activity cant be claimed as a Deduction u/s 80P of Income Tax Act: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-Deduction-Income-Tax-Act-Income-Income-earned-from-Commercial-Activity-income-tax-taxscan.jpg "Income earned from Commercial Activity cant be claimed as a Deduction u/s 80P of Income Tax Act: ITAT dismisses Appeal [Read Order]")
Professional Activity not Commercial Activity under DMC Act: Delhi HC Quashes Property Tax Demand on Advocate Office Run from Residence [Read Order]
The Delhi High Court quashed property tax demand on Advocate Office run in residence as Professional activity is not commercial activity under Delhi Municipal Corporation Act (DMC), 1957. The...
![Professional Activity not Commercial Activity under DMC Act: Delhi HC Quashes Property Tax Demand on Advocate Office Run from Residence [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Professional-Activity-not-Commercial-Activity-under-DMC-Act-Professional-Activity-Commercial-Activity-DMC-Act-Delhi-High-Court-Property-Tax-Demand-Tax-Demand-Advocate-Office-Residence-taxscan.jpg "Professional Activity not Commercial Activity under DMC Act: Delhi HC Quashes Property Tax Demand on Advocate Office Run from Residence [Read Order]")
Conducting or Participating in Exhibitions by GJEPC within India or Overseas Not “Commercial Activity”: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that conducting or participating in exhibitions by the Gem & Jewellery Export Company within India or overseas would not be...
![Conducting or Participating in Exhibitions by GJEPC within India or Overseas Not “Commercial Activity”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Exhibitions-by-GJEPC-GJEPC-Commercial-Activity-ITAT-Exhibitions-Taxscan.jpg "Conducting or Participating in Exhibitions by GJEPC within India or Overseas Not “Commercial Activity”: ITAT [Read Order]")
Supreme Court allows Property Tax exemption on Hostels for Students and Residential Accommodation for Nuns [Read Judgment]
The Supreme Court while rejecting the Kerala Government’s view allowed the property tax exemption on hostels for students and residential accommodation for nuns. The Kerala government had moved...
![CBDT issues conditions for Pension Funds to avail Income Tax Exemptions [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/08/CBDT-Income-Tax-Taxscan-1.jpg "CBDT issues conditions for Pension Funds to avail Income Tax Exemptions [Read Notification]")
