Courts: ITAT Bangalore
2,100 articlesIncome Tax
Income Tax
Initiation of penalty proceedings u/s 271(1)(c) without specifying basis makes such proceedings void -ab-initio
Income Tax
Income Tax
Reimbursement of salary cost of high level managerial personal can be treated as FTS
Income Tax
Income Tax
Supply of shrink-wrap software is transfer of right to use copyright and covered in royalty liable to TDS u/s 195
Income Tax
Income Tax
TPO can reject transfer pricing study report based on multiple year data and use only current year data
Income Tax
Income Tax
TPO not authorized to use information being not in public domain
Income Tax
Income Tax
Amount reimburse under personnel secondment agreement, covered in fee for technical services, liable for TDS u/s 195
Income Tax
Income Tax
Bangalore International Airport Ltd. [BIAL] is a statutory body u/s 80IA(4)(i)
Income Tax
Income Tax
No deviation in Book profit u/s 115JB permitted from profit & loss A/c except permissible adjustments
Income Tax
Income Tax
Unaccounted Purchases in absence of discrepancy in stock records cannot be added to total income as unexplained investments
Income Tax
Income Tax
Trust cannot be denied exemption u/s 11 on mere payment made outside India
Income Tax
Income Tax
Internal comparability is a preferred method in transfer pricing study where within company profit margin data with third parties available
Income Tax
Income Tax
No disallowance on non-deduction of TDS if payee discharged tax liability on income; Applicable retrospectively: ITAT
Income Tax
Income Tax
Land eligible for wealth tax exemption even on conversion as non-agricultural if used for agricultural purposes
Income Tax
Income Tax
