Courts: ITAT Bangalore
Find latest ITAT Bangalore judgments, orders and case laws on income tax covering assessments, transfer pricing, deductions, capital gains, TDS, reassessment and penalties.
Non-business expense cannot be claimed as Business expense to set-off against house property Income
No capital gain on sale of agricultural land after conversion in NA Land if used for Agriculture even after conversion
Depreciation not allowable on legal service expenses not resulting in any commercial rights
Cash loss due to embezzlement by employees allowable in year of discovery
Addition justified if assessee fails to explain nexus between interest expense & other source income
AO cannot change prescribed valuation method opted by assessee- Rule 11UA(2)
ITAT deletes addition for interest accrued on non-performing assets
Addition based on DVO report without rejecting books of account is bad in law
Credit for taxes paid cannot be denied for mere non-filing of Form No. 67
Section 80A(5) not apply if return of income is not filed
TCS credit shall be given to person from whom tax has been collected
Depreciation allowed as plant & machinery on AC, telephone, office equipment
Amendment to Sec 36(1)(Va) & 43B by Finance Act, 2021 not applicable to AY 2019-20
ITAT deletes Section 68 addition for SBNs collected prior to Demonetization
ITAT Bangalore judgments and orders form an important body of income-tax appellate jurisprudence. This page brings together ITAT Bangalore case laws concerning assessments, business income, deductions, exemptions, transfer pricing, international taxation, capital gains, TDS, reassessment, unexplained income, penalties and procedural disputes. Companies, taxpayers, Chartered Accountants, advocates and tax professionals can use this collection to research Tribunal precedents and follow developments under the Income-tax Act. TaxGuru provides access to recent as well as significant earlier ITAT Bangalore decisions, making this page a useful reference for direct tax research and appellate practice.
