![Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]")
Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad bench has held that the amount of interest paid to a Private bank is out of the purview of...
![Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Filing-Return-Taxscan.jpg "Interest u/s 234A can’t be levied since CBDT had Extended Due Date of Filing Return: ITAT [Read Order]")
![Interest paid to Off-shore branch of ICICI Bank not subject to TDS if It is Lender of External Commercial Borrowing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan.jpg "Interest paid to Off-shore branch of ICICI Bank not subject to TDS if It is Lender of External Commercial Borrowing: ITAT [Read Order]")
Interest from Margin Money earned on Deposits made for availing Credit facility from Bank eligible for S.10B Deduction: ITAT [Read Order]
In M/s. Tea Promoters (India) (P) Ltd. vs. A.C.I.T, the Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) held that interest income derived from margin money earned on deposits made for...
![Interest from Margin Money earned on Deposits made for availing Credit facility from Bank eligible for S.10B Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Deduction-Taxscan.jpg "Interest from Margin Money earned on Deposits made for availing Credit facility from Bank eligible for S.10B Deduction: ITAT [Read Order]")
![No Disallowance of Interest paid on Capital borrowed for Business purpose: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Interest-Taxscan.jpg "No Disallowance of Interest paid on Capital borrowed for Business purpose: ITAT [Read Order]")
![Interest accrued on Loans Taxable as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Loan-Taxscan.jpg "Interest accrued on Loans Taxable as Business Income: ITAT [Read Order]")
Interest on Security Deposit made for Sales Tax Registration is Taxable as ‘Other Income’ : ITAT [Read Order]
While partly allowing the appeal filed by Jhabua Power Limited, Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently ruled that interest on security deposit made for sales tax registration...
![Interest on Security Deposit made for Sales Tax Registration is Taxable as ‘Other Income’ : ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Security-Deposit-ITAT-Taxscan.jpg "Interest on Security Deposit made for Sales Tax Registration is Taxable as ‘Other Income’ : ITAT [Read Order]")
![Interest on Receivables comes within the ambit of ‘ International Transaction ’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/International-Transaction-Taxscan.jpg "Interest on Receivables comes within the ambit of ‘ International Transaction ’: ITAT [Read Order]")
Interest on Fixed Deposits on Money Received in respect of Share Capital is not Assessable as ‘Other Income’: ITAT [Read Order]
In the Case, Assistant Commissioner of Income Tax vs. M/s Posco India Private Limited, Cuttack bench of Income Tax Appellate Tribunal (ITAT) recently held that interest on fixed deposits on money...
![Interest on Fixed Deposits on Money Received in respect of Share Capital is not Assessable as ‘Other Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Share-Capital-Taxscan.jpg "Interest on Fixed Deposits on Money Received in respect of Share Capital is not Assessable as ‘Other Income’: ITAT [Read Order]")
Date of Presentation of Cheque is the Date of payment of Service Tax: CESTAT Quashes Interest Demand [Read Order]
The Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), on Wednesday, held that the date of presentation of the cheque is the date of payment of service tax. Accordingly,...
![Date of Presentation of Cheque is the Date of payment of Service Tax: CESTAT Quashes Interest Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Cheque-Taxscan.jpg "Date of Presentation of Cheque is the Date of payment of Service Tax: CESTAT Quashes Interest Demand [Read Order]")