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![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]")
Disallowance of Interest on TDS upheld: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench upheld the addition of disallowance on TDS stating that “the assessee was under statutory...
![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]](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]")
![Interest paid to earn Interest is Allowable Deduction: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Interest paid to earn Interest is Allowable Deduction: Delhi HC [Read Judgment]")
![No Provisions in Income Tax Act to mandate Interest on Interest: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan.jpg "No Provisions in Income Tax Act to mandate Interest on Interest: Kerala HC [Read Judgment]")
![Amount paid for discharge of Mortgage Interest deductible as Cost of Acquisition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Cost-of-Acquisition.jpg "Amount paid for discharge of Mortgage Interest deductible as Cost of Acquisition: ITAT [Read Order]")
Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]
A two-judge bench of the Delhi High Court has held that the payment for encashment of bank guarantee and the interest paid on late payment are capital expenditure for the purpose of Income Tax Act. ...
![Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/10/Refund-Claims-Delhi-High-Court-Taxscan.jpg "Payment for Encashment of Bank Guarantee and Interest on Late Payment is Capital Expenditure: Delhi High Court [Read Judgment]")
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]")
Expenditure on Interest-bearing Loans acquired for making Investment in Agricultural Land not allowable as Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cochin bench has held that the deduction cannot be allowed in respect of interest-bearing funds utilized by the assessee-company for acquiring agricultural...