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.
Addition justified for unexplained deposit into bank account
Addition cannot be made on the basis of mere diary jottings
Section 54F exemption eligible on residential house in daughter’s name
Reopening of assessment invalid if based on “change of opinion”
AO cannot confirm addition ignoring on record confirmation without issuing section 131 summon
Reopening after expiry of four years is invalid if no failure of assessee related to true & full disclosure
Bad debts allowable once written off in Books; No requirement to show that it become really bad
Section 50C- AO to adopt guideline value on sale date of agreement & not on sale deed date
Section 40(a) not applicable in case of charitable trust or institution
Allowability of Interest on capital borrowed for acquisition of asset
Section 50C of the Act does not operate to change year of transfer
Section 153C: ITAT directs CIT(A) to examine recording of satisfaction
Expense cannot be disallowed for internal financial arrangements to fund expenditure
Section 153C | CIT (Appeals) must examine issue of recording of satisfaction
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.
