![Rental Income can be treated as Business Income even if Principal Object of Company is not Letting out of Properties: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/03/Rental-Income-Taxscan.jpg "Rental Income can be treated as Business Income even if Principal Object of Company is not Letting out of Properties: Madras HC [Read Judgment]")
Rental Income can be treated as 'Business Income' even if Principal Object of Company is not Letting out of Properties: Madras HC [Read Judgment]
The Madras High Court has held that the rental income received by the company is assessable as income from ‘Profits and Gains from Business and...
![A Notice for Attachment of Property cannot be challenged before High Court: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Madras-High-Court-Taxscan.jpg "A Notice for Attachment of Property cannot be challenged before High Court: Madras High Court [Read Judgment]")
![Tax Recovery notice against Dead Person is invalid: Madras HC quashes proceedings against Wife of Deceased [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Tax-Recovery-Officer-Madras-High-Court-Taxscan.jpg "Tax Recovery notice against Dead Person is invalid: Madras HC quashes proceedings against Wife of Deceased [Read Order]")
![Madras HC Quashes Order rejecting Settlement Application for not Disclosing Refund granted due to failure of Chartered Accountant [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/07/Settlement-Application-Madras-High-Court-Taxscan.jpg "Madras HC Quashes Order rejecting Settlement Application for not Disclosing Refund granted due to failure of Chartered Accountant [Read Judgment]")
![No Relief to Chidambaram’s Kin, Madras HC rejects Plea [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Chidambaram-Kin-Madras-High-Court-Taxscan.jpg "No Relief to Chidambaram’s Kin, Madras HC rejects Plea [Read Judgment]")
Incentive Profits needs to be excluded from Gross Total Income, If It don’t have nexus with Export Turn Over: Madras HC [Read Judgment]
In, M/s. Ashok Leyland Ltd vs. The Deputy Commissioner of Income Tax, a division bench of the Madras High Court held that incentive profits having no nexus with the export turnover have to be excluded...
![Incentive Profits needs to be excluded from Gross Total Income, If It don’t have nexus with Export Turn Over: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Incentive-Profits-Madras-High-Court-Taxscan.jpg "Incentive Profits needs to be excluded from Gross Total Income, If It don’t have nexus with Export Turn Over: Madras HC [Read Judgment]")
Madras HC grants Interim Relief to Actor Arvind Swamy on Income Tax Notice seeking Rs 96.41 lakh as Advance Tax
While allowing Interim relief, Madras High Court has ordered not to proceed against actor Arvind Swamy over a notice seeking Rs 96.41 lakh as advance tax for the assessment year 2018-19. Arvind...
Detention is Void since Customs Authorities relied on Test Report of Private Organisation: Madras HC [Read Judgment]
In a recent ruling, the Madras High Court held that detention is void since the Customs Authorities relied on test report of a private organization. The Assessee Company in the instant case imported...
![Detention is Void since Customs Authorities relied on Test Report of Private Organisation: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/03/Detention-Taxscan.jpg "Detention is Void since Customs Authorities relied on Test Report of Private Organisation: Madras HC [Read Judgment]")
No TDS on Payment of Interest by Co-operative Society to its Members prior to Amendment of Sec 194A: Madras HC [Read Judgment]
The Madras High Court recently ruled that payment of Interest by the co-operative society to its members would not attract tax deduction at source (TDS) prior to the amendment of such provision. ...
![No TDS on Payment of Interest by Co-operative Society to its Members prior to Amendment of Sec 194A: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/09/TDS-Taxscan.jpg "No TDS on Payment of Interest by Co-operative Society to its Members prior to Amendment of Sec 194A: Madras HC [Read Judgment]")
The fact that Stocks are not supported by Purchase Bills cannot be a ground for Equal Addition under Tamil Nadu VAT Act: Madras HC [Read Judgment]
The fact that stocks are not supported by purchase bills cannot be a ground for equal addition under the provisions of Tamil Nadu VAT Act, said the Madras High Court while considering the writ...
![The fact that Stocks are not supported by Purchase Bills cannot be a ground for Equal Addition under Tamil Nadu VAT Act: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/Audit-Report-VAT-Taxscan.jpg "The fact that Stocks are not supported by Purchase Bills cannot be a ground for Equal Addition under Tamil Nadu VAT Act: Madras HC [Read Judgment]")
Penal Interest can’t be Levied under Tamil Nadu Tax on Luxuries Act, 1981 since there is lack of Provision: Madras HC [Read Judgment]
While hearing the case between Tvl.Hotel Peacock vs. The Commercial Tax Officer, Madras High Court proclaimed in its recent order that penal interest can’t be levied under Tamil Nadu Tax on Luxuries...
