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.
Professional charges incurred during company acquisition cannot be treated as revenue expenses
No need for cause & effect relationship for claiming expenditure u/s 37(1)
Assessee cannot use proceedings u/s. 154 to file appeal against order passed u/s. 143(1)
No TDS on Purchase of software licenses with associated hardware from Foreign Companies
TDS Credit allowable in Years In Which Income is Assessable to tax
Expenses incurred on buy back of shares allowed as revenue expenditure
No Royalty on sale of software & no Fees for Technical Services on back-office services
Depreciation on Software cannot be disallowed by invoking section 40(a)(i)(a)
Sample expense for Product of Parent Company claimed by subsidiary not allowable
Section 80P Deduction denied on Interest income on Bank FD- proportionate cost allowable
For Capital Gain Relevant Date is possession date not OC date
No Penalty for Non-Deduction of TDS as amount was not unquantifiable
NO Section 195 TDS if amounts paid not give rise to any income taxable in India
No addition for TP adjustment related to Specified Domestic Transactions
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.
