![Proceeds from Licence of BOT Projects taxable as Business Income and not Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Proceeds-from-Licence-of-BOT-Projects-Proceeds-Licence-of-BOT-Projects-Licence-BOT-Projects-Business-Income-Rental-Income-ITAT-taxscan.jpg "Proceeds from Licence of BOT Projects taxable as Business Income and not Rental Income: ITAT [Read Order]")
Proceeds from Licence of BOT Projects taxable as Business Income and not Rental Income: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has recently held that the proceeds from licence of Build-Operate-Transfer (BOT) Projects...
![Builder Liable to Pay Income Tax on Rental Income on Notional Basis of Municipal Ratable Value on Vacant Unsold Flats: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Builder-Income-Tax-Rental-Income-Notional-Basis-Municipal-Ratable-Value-Unsold-Flats-ITAT-Taxscan.jpg "Builder Liable to Pay Income Tax on Rental Income on Notional Basis of Municipal Ratable Value on Vacant Unsold Flats: ITAT [Read Order]")
![Interest Income from Loan Extended Against Mortgage of Properties would not Constitute Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Interest-Income-Interest-Income-Loan-Extended-Mortgage-of-Properties-Properties-Constitute-Rental-Income-Rental-Income-ITAT-Income-Tax-taxscan.jpg "Interest Income from Loan Extended Against Mortgage of Properties would not Constitute Rental Income: ITAT [Read Order]")
![Service Charges part of Rental Income, Includable while Allowing Standard Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Service-Charges-Rental-Income-Standard-Deduction-Deduction-ITAT-Income-Tax-Tax-Taxscan.jpg "Service Charges part of Rental Income, Includable while Allowing Standard Deduction: ITAT [Read Order]")
![Income from giving Commercial Properties for Compensation as per MOA Taxable as “Business Income”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Income-giving-Commercial-Properties-Compensation-MOA-Taxable-Business-Income-ITAT-Taxscan.jpg "Income from giving Commercial Properties for Compensation as per MOA Taxable as “Business Income”: ITAT [Read Order]")
Interest on House Loan Deductible: ITAT allows Carry Forward of Loss of Rental Income Against “Other Income” [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has allowed the carry forward of loss of rental income against other income as the interest on house loan was deductible. The...
![Interest on House Loan Deductible: ITAT allows Carry Forward of Loss of Rental Income Against “Other Income” [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Interest-on-House-Loan-Interest-House-Loan-ITAT-Rental-Income-Other-Income-Income-Tax-Tax-taxscan.jpg "Interest on House Loan Deductible: ITAT allows Carry Forward of Loss of Rental Income Against “Other Income” [Read Order]")
Rental Income is Inseparably connected with Business of Cargo Handling Services: ITAT Allows Income Tax Deduction u/s. 80IA [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal ( ITAT ), Bangalore bench has held that the rental income which is inseparably connected with the business of cargo handling services shall...
![Rental Income is Inseparably connected with Business of Cargo Handling Services: ITAT Allows Income Tax Deduction u/s. 80IA [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Rental-Income-Income-Business-of-Cargo-Handling-Services-Cargo-Handling-Services-ITAT-Income-Tax-Deduction-Income-Tax-Deduction-Tax-taxscan.jpg "Rental Income is Inseparably connected with Business of Cargo Handling Services: ITAT Allows Income Tax Deduction u/s. 80IA [Read Order]")
![Disallowance without Identifying Expenses on Rental Income not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Disallowance-Rental-Income-ITAT-TAXSCAN.jpg "Disallowance without Identifying Expenses on Rental Income not sustainable: ITAT [Read Order]")
![Rental Income from Installation of IBS tower is Income from House Property: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Rental-Income-Income-Installation-of-IBS-tower-IBS-tower-IBS-House-Property-ITAT-Income-from-House-Property-Taxscan.jpg "Rental Income from Installation of IBS tower is Income from House Property: ITAT [Read Order]")
Rental Income can't be brought to Tax When Assessee not entered into any Lease Agreement with Tenants: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that Rental income can't be brought to tax when assessee not entered into any lease agreement with tenants. The assessee...
![Rental Income cant be brought to Tax When Assessee not entered into any Lease Agreement with Tenants: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Rental-income-tax-lease-agreement-tenants-ITAT-Taxscan.jpg "Rental Income cant be brought to Tax When Assessee not entered into any Lease Agreement with Tenants: ITAT [Read Order]")
Rental Income not to be Assessed as ‘Business Income’, Adjustment Made u/s 143(3) Unsustainable in Law: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Chennai Bench, has recently, in an appeal filed before it, held that rental income shall not to be assessed as ‘business income’, and that adjustment made u/s...
![Rental Income not to be Assessed as ‘Business Income’, Adjustment Made u/s 143(3) Unsustainable in Law: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Rental-Income-Business-Income-ITAT-Taxscan.jpeg "Rental Income not to be Assessed as ‘Business Income’, Adjustment Made u/s 143(3) Unsustainable in Law: ITAT [Read Order]")
![Rental Income from IT Park is Income from Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Rental-income-IT-Park-Income-from-Business-ITAT-taxscan.jpeg "Rental Income from IT Park is Income from Business: ITAT [Read Order]")