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![Forfeiture of Earnest Money received during Negotiation of Capital Assets not taxable as Other Income before 2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Capital-Assets-ITAT-Taxscan.jpg "Forfeiture of Earnest Money received during Negotiation of Capital Assets not taxable as Other Income before 2015: ITAT [Read Order]")
Forfeiture of Earnest Money received during Negotiation of Capital Assets not taxable as Other Income before 2015: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the forfeiture of earnest money received during the negotiation of capital...
![Rent from Open Land taxable as “Other Income”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/01/Rent-Income-Taxscan.jpg "Rent from Open Land taxable as “Other Income”: ITAT [Read Order]")
![S. 57(iii) Deduction available only If Expenses were incurred to earn ‘Other Income’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/05/Other-Income-ITAT-Taxscan.jpg "S. 57(iii) Deduction available only If Expenses were incurred to earn ‘Other Income’: ITAT [Read Order]")
![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 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]")
ITAT confirms Addition under the head “Other Income” since Assessee understated Sale Value of Agricultural Land to avoid payment of Stamp Duty [Read Order]
While hearing the case of ACIT vs Sh. Mohinder Singh, ITAT Chandigarh confirmed addition since assessee has understated sale consideration of agricultural land to avoid payment of stamp duty. While...
![ITAT confirms Addition under the head “Other Income” since Assessee understated Sale Value of Agricultural Land to avoid payment of Stamp Duty [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Sale-of-Land-Taxscan.jpg "ITAT confirms Addition under the head “Other Income” since Assessee understated Sale Value of Agricultural Land to avoid payment of Stamp Duty [Read Order]")
Interest Income on FDs used as Borrowing Margin Money for purpose of Setting Up the Industry is Taxable as ‘Other Income’: Rajasthan HC [Read Judgment]
In a recent ruling, the Rajasthan High Court held that the interest earned on Fixed Deposit receipts used by the assessee as borrowing margin money for funds for setting up the industry is revenue...
![Interest Income on FDs used as Borrowing Margin Money for purpose of Setting Up the Industry is Taxable as ‘Other Income’: Rajasthan HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/05/Interest-Taxscan.jpg "Interest Income on FDs used as Borrowing Margin Money for purpose of Setting Up the Industry is Taxable as ‘Other Income’: Rajasthan HC [Read Judgment]")