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![Commission Income earned from Real Estate Business shall not attract Section 44AD of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Commission-Income-earned-from-Real-Estate-Business-Commission-Income-Income-Real-Estate-Business-Income-Tax-Act-Commission-ITAT-Taxscan.jpg "Commission Income earned from Real Estate Business shall not attract Section 44AD of the Income Tax Act: ITAT [Read Order]")
Commission Income earned from Real Estate Business shall not attract Section 44AD of the Income Tax Act: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has recently held that commission income earned from real estate business should not be...
![Penalty u/s 271D cannot be Imposed after the Expiry of larger Period of Limitation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Penalty-Imposed-after-the-Expiry-Expiry-Expiry-of-larger-Period-of-Limitation-Limitation-ITAT-Income-Tax-Taxscan.jpg "Penalty u/s 271D cannot be Imposed after the Expiry of larger Period of Limitation: ITAT [Read Order]")
![No Addition can be made on Account of Unexplained Closing Cash filed u/s 44AD of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Account-Unexplained-Closing-Cash-Closing-Cash-Account-of-Unexplained-Closing-Cash-Income-Tax-Act-Income-Tax-Tax-ITAT-Taxscan.jpg "No Addition can be made on Account of Unexplained Closing Cash filed u/s 44AD of Income Tax Act: ITAT [Read Order]")
![Assessee has no liability to maintain Books of Account when availed the Presumptive Scheme u/s 44AD: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Books-of-Account-Presumptive-Scheme-ITAT-taxscan.jpeg "Assessee has no liability to maintain Books of Account when availed the Presumptive Scheme u/s 44AD: ITAT [Read Order]")
