![Levy of Income Tax on Both Land Owner and GPA Holder for Same Income amount to Double Taxation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Income-Tax-Land-Owner-GPA-Holder-Income-Double-Taxation-ITAT-taxscan.jpg "Levy of Income Tax on Both Land Owner and GPA Holder for Same Income amount to Double Taxation: ITAT [Read Order]")
Levy of Income Tax on Both Land Owner and GPA Holder for Same Income amount to Double Taxation: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Visakhapatnam bench consisting of Shri Duvvuru R L Reddy, Judicial Member, and Shri S Balakrishnan,...
![Using Agricultural Produce for feeding Children in the Orphanage is Charitable Activity: ITAT allows Exemption [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Using-Agricultural-Produce-feeding-Children-Orphanage-Charitable-Activity-ITAT-Exemption-taxscan.jpeg "Using Agricultural Produce for feeding Children in the Orphanage is Charitable Activity: ITAT allows Exemption [Read Order]")
![Income Tax cannot be levied on Compensation received from Compulsory Acquisition of Land: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Income-Tax-Compensation-Compulsory-Acquisition-Land-ITAT-Taxscan.jpg "Income Tax cannot be levied on Compensation received from Compulsory Acquisition of Land: ITAT [Read Order]")
![Setback to Lite-on Mobile: ITAT disallows grossed up portion of TDS deducted on Interest paid to AE on External Commercial Borrowings [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/11/8e1a8599-4064-47a4-acd2-6312eb4c14d7.jpg "Setback to Lite-on Mobile: ITAT disallows grossed up portion of TDS deducted on Interest paid to AE on External Commercial Borrowings [Read Order]")
![Once Addition towards alleged Bogus Purchases made, Additions of similar amounts can’t be made as it leads to Double Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/bogus-purchases-ITAT-Taxscan.jpg "Once Addition towards alleged Bogus Purchases made, Additions of similar amounts can’t be made as it leads to Double Addition: ITAT [Read Order]")
ITAT: Compensation received for pre-closure of Contract Manufacturing Agreement is Capital Receipt; not Taxable [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai on Monday ruled that that compensation received for pre-closure of contract manufacturing agreement is in the nature of capital receipt paid for loss...
![ITAT: Compensation received for pre-closure of Contract Manufacturing Agreement is Capital Receipt; not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/ITAT-Compensation-manufacturing-agreement-is-Capital-Receipt-Taxscan.jpg "ITAT: Compensation received for pre-closure of Contract Manufacturing Agreement is Capital Receipt; not Taxable [Read Order]")
Relief to Dodla International: License Fee for licensing a fully furnished Hotel along with License to run the Hotel Taxable as 'Other Income': ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai on February 8 ruled that license fee received by an assessee for licensing a fully furnished hotel along with a license to run the hotel is a business...
![Relief to Dodla International: License Fee for licensing a fully furnished Hotel along with License to run the Hotel Taxable as Other Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Dodla-International-License-fee-hotel-Other-Income-ITAT-Taxscan.jpg "Relief to Dodla International: License Fee for licensing a fully furnished Hotel along with License to run the Hotel Taxable as Other Income: ITAT [Read Order]")
Land Owner not entitled to Deduction u/s 80-IB(10) if no cost incurred towards any Developmental Activity [Read Order]
The Income Tax Appellate on January 28, 2021, held that a mere landowner is not entitled to the deduction u/s 80-IB(10) if they have not incurred any cost or risk towards any developmental activity. ...
![Land Owner not entitled to Deduction u/s 80-IB(10) if no cost incurred towards any Developmental Activity [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/02/Landowner-developmental-activity-Taxscan.jpg "Land Owner not entitled to Deduction u/s 80-IB(10) if no cost incurred towards any Developmental Activity [Read Order]")