![Rent received by Builder not House Property Income: ITAT allows Crediting the same towards Work-In-Progress [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/House-Rent-TDS-Taxscan.jpg "Rent received by Builder not House Property Income: ITAT allows Crediting the same towards Work-In-Progress [Read Order]")
Rent received by Builder not House Property Income: ITAT allows Crediting the same towards Work-In-Progress [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), while allowing the assessee, a builder to credit the rental income from tenants towards...
![Income received under Leave and License Agreement is Business Income: ITAT allows Administrative Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/License-Agreement-Business-Income-Taxscan.jpg "Income received under Leave and License Agreement is Business Income: ITAT allows Administrative Expenses [Read Order]")
![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]")
![Rent received by an Association of Co-Owners Whose only Objective is to Derive Income from Letting out of Property is Taxable as ‘Income from House Property’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Rent-Taxscan.jpg "Rent received by an Association of Co-Owners Whose only Objective is to Derive Income from Letting out of Property is Taxable as ‘Income from House Property’: ITAT [Read Order]")
Sinking Fund collected from Tenant for Maintenance and Repairs of Property not part of Rental Income: ITAT [Read Order]
While hearing the case of M/s Altitus Managment Advisors Pvt. Ltd, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) recently held that receipt of sinking fund from tenant for maintenance...
![Sinking Fund collected from Tenant for Maintenance and Repairs of Property not part of Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Rental-Income-Taxscan.jpg "Sinking Fund collected from Tenant for Maintenance and Repairs of Property not part of Rental Income: ITAT [Read Order]")
Compensation Received from Let Out of Terrace Antenna and Hall Booking is Taxable as Business Income: ITAT [Read Order]
In Knight Raj Properties P Ltd vs. ITO, the Mumbai ITAT held that that assessee’s receipts such as compensation received from let out of terrace antenna and hall booking should be taxable under the...
![Compensation Received from Let Out of Terrace Antenna and Hall Booking is Taxable as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Compensation-ITAT-Taxscan.jpg "Compensation Received from Let Out of Terrace Antenna and Hall Booking is Taxable as Business Income: ITAT [Read Order]")
Rent received during Eviction of Tenants on a Property Purchased for Setting Up of Project is not Taxable: ITAT [Read Order]
Hyderabad bench of Income Tax Appellate Tribunal (ITAT) has held that rent received during eviction of tenants on a property purchased for setting up of project is not taxable as ”income from house...
![Income from Licensing a Property is a Business Income: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/11/Hotel-Taxscan.jpg "Income from Licensing a Property is a Business Income: Kerala HC [Read Judgment]")
Income from House Property in Kenya not Taxable, CBDT notification or Circular can’t alter DTAA Provisions: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal has recently held that income from house property from abroad is not taxable. The assessee in the instant case was being a public sector bank,...
Rental Income from Real Estate Business cannot be treated as ‘Income from House Property’: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) rental amount received from real estate business cannot be treated as ‘Income from House Property’ under the provisions of the Income Tax...
License Fee from Lease of Retail Space in the Shopping Mall is Taxable as ‘Income from House Property’: ITAT Delhi [Read Order]
The ITAT, Delhi, in a recent ruling, held that license fee from lease of retail space in the shopping mall is assessable under the head “income from house property” under the provisions of the Income...
![License Fee from Lease of Retail Space in the Shopping Mall is Taxable as ‘Income from House Property’: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/License-Fee-Taxscan-1.jpg "License Fee from Lease of Retail Space in the Shopping Mall is Taxable as ‘Income from House Property’: ITAT Delhi [Read Order]")