![Calcutta HC orders New India Assurance Company to Calculate Compensation of Accident Claim on Gross Salary after Deducting Professional Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Calcutta-High-Court-New-India-Assurance-Company-Compensation-Accident-Claim-Gross-Salary-Professional-Tax-Taxscan.jpg "Calcutta HC orders New India Assurance Company to Calculate Compensation of Accident Claim on Gross Salary after Deducting Professional Tax [Read Order]")
Calcutta HC orders New India Assurance Company to Calculate Compensation of Accident Claim on Gross Salary after Deducting Professional Tax [Read Order]
The Calcutta High Court ( HC ) in a significant case of New India Assurance Company, ordered to calculate compensation for accident claims on a Gross...
![Compensation received for Non-Performance of Obligation by DDA is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Compensation-DDA-Capital-Receipt-ITAT-Income-tax-tax-taxscan.jpg "Compensation received for Non-Performance of Obligation by DDA is Capital Receipt: ITAT [Read Order]")
![Builder Eligible for Income Tax Deduction u/s 37 in respect Compensation to Flat Buyers on Cancellation of Booking: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Builder-Income-Tax-Deduction-Compensation-Flat-Buyers-Cancellation-of-Booking-Income-Tax-Flat-Buyers-on-Cancellation-of-Booking-ITAT-taxscan.jpg "Builder Eligible for Income Tax Deduction u/s 37 in respect Compensation to Flat Buyers on Cancellation of Booking: ITAT [Read Order]")
![No Income Tax on Receipt of Compensation on Lease hold Rights Over A Plot: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Tax-Tax-Compensation-Delhi-High-Court-taxscan.jpg "No Income Tax on Receipt of Compensation on Lease hold Rights Over A Plot: Delhi HC [Read Order]")
![Amount Received as Compensation for Pre-closure of BOT projects is Capital Receipt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Amount-Compensation-BOT-projects-Capital-Receipt-ITAT-Taxscan.jpg "Amount Received as Compensation for Pre-closure of BOT projects is Capital Receipt: ITAT [Read Order]")
CIT(A) cannot disallow Compensation paid to Taparies When Complete list and evidence are submitted: ITAT [Read Order]
CIT(A) cannot disallow Compensation paid to Taparies When a Complete list and evidence are submitted by the assessee, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held as above. ...
![CIT(A) cannot disallow Compensation paid to Taparies When Complete list and evidence are submitted: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/CITA-Compensation-Taparies-evidence-ITAT-taxscan.jpg "CIT(A) cannot disallow Compensation paid to Taparies When Complete list and evidence are submitted: ITAT [Read Order]")
Reimbursement of Land Compensation amount paid to Farmers and Land Owners during Execution of Work attracts GST: AAR [Read Order]
The Karnataka Authority for Advance Ruling ( AAR ), held that reimbursement of land compensation amount paid to farmers and land owners during execution of work attracts GST. The applicant, M/s...
![Reimbursement of Land Compensation amount paid to Farmers and Land Owners during Execution of Work attracts GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Reimbursement-Land-Compensation-Land-Owners-GST-AAR-taxscan.jpg "Reimbursement of Land Compensation amount paid to Farmers and Land Owners during Execution of Work attracts GST: AAR [Read Order]")
No GST for Reimbursement of Tree Cut Compensation amount paid to Farmers and Land Owners during Execution of Work: AAR [Read Order]
The Karnataka Authority for Advance Ruling ( AAR ) held that no GST for reimbursement of the tree cut compensation amount was paid to farmers and land owners during the execution of work. The...
![No GST for Reimbursement of Tree Cut Compensation amount paid to Farmers and Land Owners during Execution of Work: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/GST-Reimbursement-Compensation-amount-Farmers-Land-Owners-AAR-taxscan.jpg "No GST for Reimbursement of Tree Cut Compensation amount paid to Farmers and Land Owners during Execution of Work: AAR [Read Order]")
Interest received on enhanced Compensation u/s 28 of Land Acquisition Act is part of Compensation: ITAT grants Exemption u/s 10(37) [Read Order]
Interest received on enhanced compensation u/s 28 of Land Acquisition Act is part of compensation, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) grants an exemption under section 10(37)...
![Interest received on enhanced Compensation u/s 28 of Land Acquisition Act is part of Compensation: ITAT grants Exemption u/s 10(37) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Interest-Land-Acquisition-Act-Compensation-ITAT-taxscan.jpg "Interest received on enhanced Compensation u/s 28 of Land Acquisition Act is part of Compensation: ITAT grants Exemption u/s 10(37) [Read Order]")
Entire expenses claimed as Compensation and Tenant Payment not to be capitalised as WIP: ITAT orders Fresh Examination [Read Order]
The Income Tax Appellate Tribunal (ITAT), ordered a fresh examination on the consideration that Entire expenses claimed as Compensation and Tenant Payment are not to be capitalized as WIP (Work In...
![Entire expenses claimed as Compensation and Tenant Payment not to be capitalised as WIP: ITAT orders Fresh Examination [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Compensation-Tenant-Payment-WIP-ITAT-fresh-examination-taxscan.jpeg "Entire expenses claimed as Compensation and Tenant Payment not to be capitalised as WIP: ITAT orders Fresh Examination [Read Order]")
![Interim Compensation in Cheque Default Cases is not Mandatory: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Interim-Compensation-Cheque-Default-Cases-Bombay-HC-taxscan.jpg "Interim Compensation in Cheque Default Cases is not Mandatory: Bombay HC [Read Order]")
Deduction of Compensation paid for Breach of Contract cannot be allowed based on Bank Statement alone: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench has held that deduction of compensation paid for breach of contract cannot be allowed based on bank statement alone. The assessee, M/s.Home...
![Deduction of Compensation paid for Breach of Contract cannot be allowed based on Bank Statement alone: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Deduction-Compensation-Bank-Statement-ITAT-taxscan.jpeg "Deduction of Compensation paid for Breach of Contract cannot be allowed based on Bank Statement alone: ITAT [Read Order]")