![Compensation received under Option Agreement not Taxable as House Property Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Retrenchment-Compensation-Taxscan.jpg "Compensation received under Option Agreement not Taxable as House Property Income: ITAT [Read Order]")
Compensation received under Option Agreement not Taxable as House Property Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench has held that the amount of compensation received under an option agreement cannot be brought to...
![Seized Trade-in-Stock in the Custody must be Released within 120 days: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/01/Confiscation-Seizure-GST-Taxscan.jpg "Seized Trade-in-Stock in the Custody must be Released within 120 days: Delhi HC [Read Judgment]")
![Compensation in lieu of ‘Right to Sue’ of Capital Nature, not chargeable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Compensation-ITAT-Taxscan.jpg "Compensation in lieu of ‘Right to Sue’ of Capital Nature, not chargeable to Tax: ITAT [Read Order]")
![No TDS on Enhanced Compensation for Compulsory Acquisition of Agricultural Land: ITAT allows Refund [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Compulsory-Acquisition-Taxscan.jpg "No TDS on Enhanced Compensation for Compulsory Acquisition of Agricultural Land: ITAT allows Refund [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...
![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]")
Sushmita Sen not liable to pay Tax on Compensation Received from Coca Cola in a Sexual Harrassment Case: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition made by the department against Sushmita Sen, Bollywood actress and former Miss India Universe in respect of the...
![Sushmita Sen not liable to pay Tax on Compensation Received from Coca Cola in a Sexual Harrassment Case: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/11/Sushmita-Sen-ITAT-Taxscan.jpg "Sushmita Sen not liable to pay Tax on Compensation Received from Coca Cola in a Sexual Harrassment Case: ITAT [Read Order]")
Deduction available on Loss on Account of Compensation on Enforcement of Security Paid to Subsidiary Companies: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the deduction is allowable on the loss on account of compensation on enforcement of security paid by the Company to its...
![Deduction available on Loss on Account of Compensation on Enforcement of Security Paid to Subsidiary Companies: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Deduction-Taxscan.jpg "Deduction available on Loss on Account of Compensation on Enforcement of Security Paid to Subsidiary Companies: ITAT [Read Order]")
Interest on Enhanced Compensation received for Compulsory Acquisition of Agricultural Land not Taxable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench has held that no income tax is payable on the amount received as enhanced compensation for the compulsory acquisition of the agricultural land...
![Interest on Enhanced Compensation received for Compulsory Acquisition of Agricultural Land not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "Interest on Enhanced Compensation received for Compulsory Acquisition of Agricultural Land not Taxable: ITAT [Read Order]")
![Compensation Received for Discontinuing Commodity Trading Business is Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Compensation-Geojit-ITAT-Taxscan.jpg "Compensation Received for Discontinuing Commodity Trading Business is Taxable: ITAT [Read Order]")
Compensation for Alternative Accommodation / Delayed Handover of Possession to Tenant subject to GST: AAR [Read Order]
In a major setback for the real estate sector, the Advance Ruling Authority ( AAR ) of the Maharashtra State held that compensation received by a tenant, covered by a redevelopment plan, for...
![Compensation for Alternative Accommodation / Delayed Handover of Possession to Tenant subject to GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/GST-Compensation-Taxscan.jpg "Compensation for Alternative Accommodation / Delayed Handover of Possession to Tenant subject to GST: AAR [Read Order]")
Compensation Received by Way of Award Due to Non-Supply of Land Under the Agreement is Capital Receipt: Delhi HC [Read Judgment]
In Principal Commissioner of Income Tax vs. M/s Aeren R Infrastructure Ltd. Delhi High Court held that the compensation received by way of the award due to non-supply of land under the agreement is...