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![No Addition of Notional Income from Vacant Flats held as Stock-in-Trade by Builder: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Notional-Income-Vacant-Flats-Stock-in-Trade-Builder-ITAT-Income-Tax-Notional-Income-from-Vacant-Flats-taxscan.jpg "No Addition of Notional Income from Vacant Flats held as Stock-in-Trade by Builder: ITAT [Read Order]")
No Addition of Notional Income from Vacant Flats held as Stock-in-Trade by Builder: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently, in an appeal filed before it, held that no addition of notional income can be...
![Notional Income from Interest-Free Loans is not taxable in the absence of a specific provision in the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Notional-Income-Income-Interest-Free-Loans-Interest-Loans-taxable-Income-Tax-Act-Income-Tax-Tax-ITAT-Taxscan.jpg "Notional Income from Interest-Free Loans is not taxable in the absence of a specific provision in the Income Tax Act: ITAT [Read Order]")
![Income Tax Liability on Notional Income arose on Resolution Plan due to write back of unpaid dues to Creditors can be waived off: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Liability-notional-income-resolution-plan-NCLT-taxscan.jpg "Income Tax Liability on Notional Income arose on Resolution Plan due to write back of unpaid dues to Creditors can be waived off: NCLT [Read Order]")
![No Penalty on the basis of Addition of Notional Income from House Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/No-Penalty-TaxScan.jpg "No Penalty on the basis of Addition of Notional Income from House Property: ITAT [Read Order]")
![ITAT Grants Relief to Shah Rukh Khan: Deletes Penalty on his Bona Fide belief of Non-Taxability of Dubai Villa [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Shah-Rukh-Khan-Taxscan.jpg "ITAT Grants Relief to Shah Rukh Khan: Deletes Penalty on his Bona Fide belief of Non-Taxability of Dubai Villa [Read Order]")