![Rent received by an Association of Co-Owners Whose only Objective is to Derive Income from Letting out of Property is Taxable as ‘Income from House Property’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Rent-Taxscan.jpg "Rent received by an Association of Co-Owners Whose only Objective is to Derive Income from Letting out of Property is Taxable as ‘Income from House Property’: ITAT [Read Order]")
Rent received by an Association of Co-Owners Whose only Objective is to Derive Income from Letting out of Property is Taxable as ‘Income from House Property’: ITAT [Read Order]
While hearing the case between Manek Lodge Properties vs. Additional Commissioner of Income Tax, Mumbai bench of Income Tax Appellate Tribunal (ITAT)...
![Income from Sub-Letting Property under Leave and License Agreement is taxable as “Other Income”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Sub-Letting-Taxscan.jpg "Income from Sub-Letting Property under Leave and License Agreement is taxable as “Other Income”: ITAT [Read Order]")
![Income from Licensing a Property is a Business Income: Kerala HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/11/Hotel-Taxscan.jpg "Income from Licensing a Property is a Business Income: Kerala HC [Read Judgment]")
A Sub-Licensee of Business Assets can’t be deemed as ‘Owner’ for the Purpose of Computing Rental Income: ITAT [Read Order]
The Income Tax Appellate Tribunal, Kolkata bench while upholding the order of CIT (A), held that sub-licensee of business assets cannot be deemed as ‘owner’ for the purpose of computing Rental Income...
![A Sub-Licensee of Business Assets can’t be deemed as ‘Owner’ for the Purpose of Computing Rental Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/03/Rental-Income-Taxscan.jpg "A Sub-Licensee of Business Assets can’t be deemed as ‘Owner’ for the Purpose of Computing Rental Income: ITAT [Read Order]")
Income from House Property in Kenya not Taxable, CBDT notification or Circular can’t alter DTAA Provisions: ITAT [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal has recently held that income from house property from abroad is not taxable. The assessee in the instant case was being a public sector bank,...
Rental Income received by Infosys fom Its Subsidiary and BSNL constitute Profits from undertaking, Eligible for IT Deduction: ITAT [Read Order]
While granting tax relief to Infosys, Bangalore bench of the Income tax Appellate Tribunal held that the rental income received from Infosys BPO Limited and BSNL, Chennai are eligible for income tax...
![Rental Income received by Infosys fom Its Subsidiary and BSNL constitute Profits from undertaking, Eligible for IT Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Infosys-Taxscan.jpg "Rental Income received by Infosys fom Its Subsidiary and BSNL constitute Profits from undertaking, Eligible for IT Deduction: ITAT [Read Order]")
Amenity Charges received along with Rental Income constitutes ‘House Property Income’ If it is part of same transaction: ITAT [Read Order]
The Income Tax Appellate Tribunal, Mumbai bench declared that amenities received along with rental income under the lease agreement is assessable as House Property Income under the provisions of the...
Rental Income from Real Estate Business cannot be treated as ‘Income from House Property’: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) rental amount received from real estate business cannot be treated as ‘Income from House Property’ under the provisions of the Income Tax...
Expenses in respect of Service Tax paid out of Rental Income is deductible from the Business Income: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) recently ruled that the expenses in respect of service tax paid out of rental income is deductible under the head ‘Profit and Gains of Business or profession’...