Judgement

ITAT Holds Maintenance Charges Received Under Separate Agreements Taxable as Business Income And Not House Property Income

ITAT deleted the Rs 5.67 lakh penalty under Section 270A, holding that the claim was based on bona fide interpretation and full disclosure of material facts.

MLA Claimed Full Set-Off of Rs. 36.04 Lakh House Property Loss Under Newly Introduced Provision; ITAT Deletes Rs. 5.67 Lakh Penalty for Bona Fide Error

ITAT holds furnished office rent taxable as house property income, allowing standard deduction.

Furnished Office Given on Rent, GST Collected; ITAT Holds Income Taxable as House Property Income, Not Business Income

The Income Tax Appellate Tribunal (ITAT) Delhi has held that rental income earned from letting out a premises is assessable under the head "Income from House Property".

Charging GST on Rent Doesn't Make It Business Income: ITAT Rules Rental Receipts Still Taxable as House Property Income

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition made under Section 69A of the Income Tax Act, 1961, holding that cash deposits could not be treated as unexplained where the assessee establishes that the money is for relinquishing his share in an inherited house property

ITAT Deletes Addition Under Section 69A After Accepting Cash Received on Relinquishment of Property Rights

ITAT held that lease rental earned from a commercially exploited complex under a development agreement is taxable as business income and not as income from house property.

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ITAT Holds Maintenance Charges Received Under Separate Agreements Taxable as Business Income And Not House Property Income

MLA Claimed Full Set-Off of Rs. 36.04 Lakh House Property Loss Under Newly Introduced Provision; ITAT Deletes Rs. 5.67 Lakh Penalty for Bona Fide Error

Furnished Office Given on Rent, GST Collected; ITAT Holds Income Taxable as House Property Income, Not Business Income

Charging GST on Rent Doesn't Make It Business Income: ITAT Rules Rental Receipts Still Taxable as House Property Income

ITAT Deletes Addition Under Section 69A After Accepting Cash Received on Relinquishment of Property Rights

ITAT: Lease Rental from Commercial Complex Taxable as Business Income, Not House Property Income