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![Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order] Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Taxability-of-Lease-Taxability-Taxability-of-Lease-Premiums-Rent-Collected-State-Government-ITAT-ITAT-Rules-ITAT-Rules-Funds-Not-Taxable-Taxable-taxscan.jpg)
Taxability of Lease Premiums and Rent Collected for State Government: ITAT Rules Funds Not Taxable [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal(ITAT) ruled that the funds received from lease premiums and rent collected on behalf of the...