Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Classification of income – from the information available on ...

Income Tax

December 15, 2014

Classification of income – from the information available on record it is clear that the assessee is only a passive receiver of rent – the rental income is rightly classified as income from house property - AT

View Source

 


 

You may also like:

  1. Depreciation - Once the boiler was already used, it cannot be said that it was not ready for use - Passive use of the boiler, argument by the assessee has to be accepted - AT

  2. Classification - motor vehicle chassis manufactured and cleared in CKD/SKD condition from various divisions of the respondent - the classification of parts cleared by...

  3. Airlines business - classification - activities of CRS Companies would fall under the category of "online information and database access or retrieval service" - SC...

  4. Classification of services - running website through which the interested steel manufacturer/trader are making trade - it merits classification as e-commerce service and...

  5. Framework for utilization of Financial Security Deposit (FSD) available with Clearing Corporations and WDRA

  6. Circular on Development of Passive Funds - to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.

  7. CENVAT credit - providing passive infrastructure - the appellants are not entitled to take Cenvat credit on towers, pre-fabricated shelters parts thereof etc. - AT

  8. Waiver of pre-deposit - Passive Telecom Infra Services - Services is more appropriately classifiable under Business Support Service where the present demand is in the...

  9. Levy of VAT Tax on sharing of the mobile towers - sharing of passive infrastructure - the activity being subjected to VAT does not prima facie arise - HC

  10. Refund of taxes paid on the activity of the provision of “passive infrastructure services“ - there is no sale of goods - writ petition allowed - HC

 

Quick Updates:Latest Updates