![Receipt from Property given on Leave and License basis till Approval of Real Estate Project is Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/Business-Income-Taxscan.jpg "Receipt from Property given on Leave and License basis till Approval of Real Estate Project is Business Income: ITAT [Read Order]")
Receipt from Property given on Leave and License basis till Approval of Real Estate Project is Business Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai has held that the income received from the property given on leave and license basis till the...
![Quoting of Low Rent by Flat Owner is Tax Evasion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/Rent-Taxscan.jpg "Quoting of Low Rent by Flat Owner is Tax Evasion: ITAT [Read Order]")
![Enjoyment of Property with Ownership Rights necessary condition for ‘Deemed Owner’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Service-Tax-Property-Value-Taxscan.jpg "Enjoyment of Property with Ownership Rights necessary condition for ‘Deemed Owner’: ITAT [Read Order]")
![No Penalty on the basis of Addition of Notional Income from House Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/No-Penalty-TaxScan.jpg "No Penalty on the basis of Addition of Notional Income from House Property: ITAT [Read Order]")
Rent received after purchase of already let out Warehouse is ‘House Property Income’: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the rental income received after the purchase of an already let out warehouse is taxable as income from house property. The...
![Rent received after purchase of already let out Warehouse is ‘House Property Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/11/Warehouse-Taxscan.jpg "Rent received after purchase of already let out Warehouse is ‘House Property Income’: ITAT [Read Order]")
Property incapable to Let Out not taxable as House Property Income on Notional basis: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the property which is not capable of letting out cannot be taxable under the head House Property Income for the purpose of...
![Property incapable to Let Out not taxable as House Property Income on Notional basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/House-Property-Taxscan.jpg "Property incapable to Let Out not taxable as House Property Income on Notional basis: ITAT [Read Order]")
Income from Mobile Companies for Letting Out Space on Terrace for Installation and Operation of Antennas Taxable as House Property Income: ITAT [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the income from mobile companies for letting out the terrace space for fixing and operating antennas needed for cellular...
![Income from Mobile Companies for Letting Out Space on Terrace for Installation and Operation of Antennas Taxable as House Property Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Antennas-Letting-Out-Space-Taxscan.jpg "Income from Mobile Companies for Letting Out Space on Terrace for Installation and Operation of Antennas Taxable as House Property Income: ITAT [Read Order]")
Service Charges collected from Tenant is ‘House Property Income’ incidental to Rental Income: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the service charges collected from the tenant which is incidental to rental income would constitute ‘house property income’ for...
![Service Charges collected from Tenant is ‘House Property Income’ incidental to Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Rental-Income-Taxscan.jpg "Service Charges collected from Tenant is ‘House Property Income’ incidental to Rental Income: ITAT [Read Order]")
![License Fee from Tenant is Business Income, not House Property Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/License-Fee-Taxscan-1.jpg "License Fee from Tenant is Business Income, not House Property Income: ITAT [Read Order]")
Professional Charges for Processing Loan for Construction of Property from which Assessee Received Rental Income not allowable as Business Expenditure: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) recently held that the professional charges paid by the assessee for processing of loan for the construction of the property cannot be...
![Professional Charges for Processing Loan for Construction of Property from which Assessee Received Rental Income not allowable as Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Expenditure-Taxscan.jpg "Professional Charges for Processing Loan for Construction of Property from which Assessee Received Rental Income not allowable as Business Expenditure: ITAT [Read Order]")
No Violation of Income Tax Law If Assessee utilized House Loan for Advancing Loans to others for Earning Interest: ITAT [Read Order]
The Jodhpur bench of the Income Tax Appellate Tribunal (ITAT) on Friday held that there is no violation of the provisions of the Income Tax Act, 1961 if the Assessee has utilized the home loan taken...
![No Violation of Income Tax Law If Assessee utilized House Loan for Advancing Loans to others for Earning Interest: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Cash-Payments.jpg "No Violation of Income Tax Law If Assessee utilized House Loan for Advancing Loans to others for Earning Interest: ITAT [Read Order]")