Compensation received for vacating flat possession not taxable it is neither chargeable under the head ‘capital gains’ nor as income…
Wherever word only “Business” is used, it does not include “Profession" – ITAT deletes addition for compensation u/s 28(ii)(e) In…
Compensation to owner of flats for delay in handing over possession to be treated as a part of work-in-progress -…
Deduction u/s 57(iv) allowable against Interest received on enhanced compensation for land acquisition despite assessee engaged in business of real…
In Motor Accident Claims income must be determined on the basis of the income tax return, where available. – Supreme…
RBI framework for Turn Around Time (TAT) and customer compensation for failed transactions using authorised Payment Systems Monetary Policy statement…
Interest awarded in motor accident claim cases from the date of the Claim Petition till passing of award/judgment not taxable,…
Taxability of interest received u/s 28 of Land Acquisition Act 1894. ITAT quashed CIT order believing that division bench order…
No restriction on Courts to award compensation exceeding claimed amount. The compensation under Motor Vehicles Act, 1988 has to be just - Supreme Court ABCAUS Case Law…
Compensation for removing illegal encroachment not liable for TDS u/s 194L/194LA when occupants were not owners of the land on…