![Assessee cant claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Assessee cant claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]")
Assessee can't claim Non-Chargeability of Interest since Cash was Seized after the Expiry of Previous Year: ITAT [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal ( ITAT ) in Nitin Kumar versus ACIT held that assessee cannot claim non-chargeability of Interest...
![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]](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]")
Interest from Deposits made out of Surplus Fund from Business Receipt is assessable as Business Income, not as ‘Other Income’: ITAT [Read Order]
The Income Tax Appellate Tribunal in the case of ACIT vs. M/s. Agri Gold Constructions Pvt. Ltd. decided that interest from deposits made out of surplus funds from the business receipt is assessable...
![Interest from Deposits made out of Surplus Fund from Business Receipt is assessable as Business Income, not as ‘Other Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Business-Income-Taxscan.jpg "Interest from Deposits made out of Surplus Fund from Business Receipt is assessable as Business Income, not as ‘Other Income’: ITAT [Read Order]")
Interest u/s 234 for Default in Payment of Advance Tax to be Levied till date of Passing Revisional order: Kerala HC [Read Judgment]
While hearing the case of Commissioner of Income Tax vs M/s Baby Marine Exports, the High Court of Kerala held that if refund of advance tax is made but re-assessment leads to determination of...
![Interest u/s 234 for Default in Payment of Advance Tax to be Levied till date of Passing Revisional order: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/Advance-Tax-Taxscan.jpg "Interest u/s 234 for Default in Payment of Advance Tax to be Levied till date of Passing Revisional order: Kerala HC [Read Judgment]")