![No real Rental Income received from litigation filed for recovery of arrears of Rent: ITAT deletes addition made on account notional Rental Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/real-Rental-Income-received-from-litigation-filed-Income-received-from-litigation-filed-real-Rental-Income-recovery-of-arrears-of-Rent-ITAT-deletes-addition-notional-Rental-Income-taxscan.jpg "No real Rental Income received from litigation filed for recovery of arrears of Rent: ITAT deletes addition made on account notional Rental Income [Read Order]")
No real Rental Income received from litigation filed for recovery of arrears of Rent: ITAT deletes addition made on account notional Rental Income [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi bench while deleting the addition made on account of notional Rental Income, observed that no real...
![Rental Income received from Agricultural Land shall be exempt from Tax and be treated as Agricultural Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Rental-Income-Rental-Income-received-from-Agricultural-Land-Agricultural-Land-Tax-Agricultural-Income-taxscan.jpg "Rental Income received from Agricultural Land shall be exempt from Tax and be treated as Agricultural Income: ITAT [Read Order]")
![Rental Income Received Separately by Each Co-Owner Below the Threshold Limit is not subject to Levy of Service Tax: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Co-Owner-Threshold-Limit-Levy-of-Service-Tax-CESTAT-rental-income-income-taxscan.jpg "Rental Income Received Separately by Each Co-Owner Below the Threshold Limit is not subject to Levy of Service Tax: CESTAT [Read Order]")
![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]")
![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]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has recently, in an appeal filed before it, held that interest income from loan extended against mortgage of properties would not constitute...
![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]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the service charges are part of rental income and are includable while allowing standard deduction. The assessee, Saurashtra...
![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]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that the income from giving commercial properties for compensation as per Memorandum of Association (MOA) would be taxable as...
![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]")