business income

  • Income Tax

Interest income on FDRS of surplus funds held as business income not income from other sources

Interest income on fixed deposits of the surplus funds put in FDRs cannot be treated as business income but income…

1 month ago
  • Income Tax

Rent of shops let out in Mall if business income or income from house property? SC dismissed Revenue’s SLP

Rent of shops let out in shopping Mall if business income or income from house property – SC dismissed Revenue’s…

4 years ago
  • Income Tax

Mere reflection of income in P&L Account does not make it business income – ITAT

Mere reflection of income in P&L Account does not make it business income. Books of accounts not conclusive evidence to…

5 years ago
  • Income Tax

Rent from commercial property taxable as business income not house property

Rent from commercial property taxable as business income not house property-ITAT INCOME TAX APPELLATE TRIBUNAL RAJKOT BENCH, RAJKOT ITA No:…

8 years ago