![Concessional Rate of Tax for Construction of Affordable Residential Apartments applicable only to Promoters, not Sub-Contractors: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Constriction-Residential-Apartments-Promoters-Sub-Contractors-AAR-taxscan.jpg "Concessional Rate of Tax for Construction of Affordable Residential Apartments applicable only to Promoters, not Sub-Contractors: AAR [Read Order]")
Concessional Rate of Tax for Construction of Affordable Residential Apartments applicable only to Promoters, not Sub-Contractors: AAR [Read Order]
The Karnataka Authority of Advance Ruling (AAR) has held that concessional rate of tax for constriction of affordable residential apartments...
![Interest on Pre-Deposit not available If Refund of Pre-Deposit sanctioned within Three Months: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Interest-Refund-Pre-Deposit-sanctioned-Three-Months-CESTAT-Taxscan.jpg "Interest on Pre-Deposit not available If Refund of Pre-Deposit sanctioned within Three Months: CESTAT [Read Order]")
![Third Party Shareholders Renouncing Rights Shares in Favour of the Assessee is Liable to Tax u/s 56(2): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Third-Party-Shareholders-Rights-Shares-Assesse-Liable-to-Tax-ITAT-Taxscan.jpeg "Third Party Shareholders Renouncing Rights Shares in Favour of the Assessee is Liable to Tax u/s 56(2): ITAT [Read Order]")
![Revisional Jurisdiction cannot be invoked If there is No Illegality in Original Re-Assessment: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Revisional-Jurisdiction-No-Illegality-Original-Re-Assessment-ITAT-Re-Assessment-Taxscan.jpeg "Revisional Jurisdiction cannot be invoked If there is No Illegality in Original Re-Assessment: ITAT [Read Order]")
![No TDS applicable on Interest awarded by Motor Accident Claims Tribunals: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/TDS-Motor-Accident-Claims-Tribunals-Gujarat-High-Court-Taxscan.jpeg "No TDS applicable on Interest awarded by Motor Accident Claims Tribunals: Gujarat HC [Read Order]")
Amount Received from Indian Associate for ‘Support Service’ is not 'Fees for included Services' and not liable to Tax: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) has held that amount received from Indian Associate for ‘Support Service’ is not 'Fees for Included Services' and not liable to tax. The...
![Amount Received from Indian Associate for ‘Support Service’ is not Fees for included Services and not liable to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Indian-Associate-Support-Service-Fees-Tax-ITAT-Taxscan.jpg "Amount Received from Indian Associate for ‘Support Service’ is not Fees for included Services and not liable to Tax: ITAT [Read Order]")
Receipt of Excess Share from Close Relative is not Chargeable to Tax under Other Sources: ITAT [Read Order]
The Jaipur Bench of Income Tax Appellate Tribunal has held that receipt of excess share from close relative is not chargeable to tax under other sources. The appellate, M/s Prakash Chand Sharma...
![Receipt of Excess Share from Close Relative is not Chargeable to Tax under Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Receipt-Excess-Share-Close-Relative-Chargeable-Tax-ITAT-Taxscan.jpeg "Receipt of Excess Share from Close Relative is not Chargeable to Tax under Other Sources: ITAT [Read Order]")
![Mere Mistake in filing of Income Tax Return would not result in Enhancement of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Mistake-Income-Tax-Return-filing-Income-tax-Income-ITAT-Taxscan.jpeg "Mere Mistake in filing of Income Tax Return would not result in Enhancement of Income: ITAT [Read Order]")
![Rent which was Neither Received nor Accrued cannot be brought to Tax: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Rent-Tax-ITAT-Taxscan.jpg "Rent which was Neither Received nor Accrued cannot be brought to Tax: ITAT [Read Order]")
Agricultural Land was not converted at the Time of Sale: ITAT deletes Capital Gain Addition [Read Order]
The ITAT Bangalore bench has held that since the agricultural land was not converted at the time of sale, the sale consideration shall not be included in the total income of the assessee to compute...
![Agricultural Land was not converted at the Time of Sale: ITAT deletes Capital Gain Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Agricultural-Land-Time-of-Sale-ITAT-sale-Capital-gain-Taxscan.jpg "Agricultural Land was not converted at the Time of Sale: ITAT deletes Capital Gain Addition [Read Order]")