Begin typing your search above and press return to search.
![Interest from Fixed Deposit taxable as ‘Other Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-16-1.jpg "Interest from Fixed Deposit taxable as ‘Other Income’: ITAT [Read Order]")
Interest from Fixed Deposit taxable as ‘Other Income’: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that income from interest is chargeable to tax as 'income from other sources' under Section 56 of the...
![NCLAT directs Unitech to Repay the Amount to its Deposit Holders with Interest [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/Unitech-NCLAT-Taxscan.jpg "NCLAT directs Unitech to Repay the Amount to its Deposit Holders with Interest [Read Order]")
![Interest alone cannot be construed as Operational Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Operational-Debt-Interest-Taxscan.jpg "Interest alone cannot be construed as Operational Debt: NCLAT [Read Order]")
![No disallowance of Interest Expenses on Account of Non-Deduction of TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Interest-Expenses-TDS-ITAT-Assessee-Taxscan.jpg "No disallowance of Interest Expenses on Account of Non-Deduction of TDS: ITAT [Read Order]")
Interest Received by Builder on Temperary Deposits from Purchasers constitute Business Incomes: ITAT allows Deduction
The ITAT Mumbai held that interest received by the property developer, on temporary deposits of surplus money out of advances received by from intending purchases was business incomes and not income...
![Disallowance of Interest on TDS upheld: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Disallowance-Taxscan.jpg "Disallowance of Interest on TDS upheld: ITAT [Read Order]")
GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]
The Chennai Bench of Authority of Advance Rulings ( AAR ) in an application filed by M/s Chennai port Trust held that interest, late fee and penalty due to delayed payment of consideration received...
![GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/08/Surcharge-GST-Taxscan.jpg "GST applicable on Interest / Late Fee / Penalty due to delayed payment of consideration received after its imposition: AAR [Read Order]")
Default Assessment Order was passed Only to defeat VAT Refund Claim: Delhi HC orders to disburse Refund with Interest [Read Judgment]
A two-judge bench of the Delhi High Court has quashed the default assessment orders issued by the VAT authorities which was found to be passed only to defeat the VAT refund claim. The bench also...
![Default Assessment Order was passed Only to defeat VAT Refund Claim: Delhi HC orders to disburse Refund with Interest [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/05/VAT-Refund-Delhi-High-Court-Taxscan.jpg "Default Assessment Order was passed Only to defeat VAT Refund Claim: Delhi HC orders to disburse Refund with Interest [Read Judgment]")
![GST Dept to initiate Recovery Proceedings against Interest Defaulters [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/12/GST.jpg "GST Dept to initiate Recovery Proceedings against Interest Defaulters [Read Order]")
![Interest to Partners by Firm as per Partnership Deed can’t be disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Interest-Taxscan.jpg "Interest to Partners by Firm as per Partnership Deed can’t be disallowed: ITAT [Read Order]")