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.
Amount reimburse under personnel secondment agreement, covered in fee for technical services, liable for TDS u/s 195
Bangalore International Airport Ltd. [BIAL] is a statutory body u/s 80IA(4)(i)
No deviation in Book profit u/s 115JB permitted from profit & loss A/c except permissible adjustments
Unaccounted Purchases in absence of discrepancy in stock records cannot be added to total income as unexplained investments
Trust cannot be denied exemption u/s 11 on mere payment made outside India
Internal comparability is a preferred method in transfer pricing study where within company profit margin data with third parties available
No disallowance on non-deduction of TDS if payee discharged tax liability on income; Applicable retrospectively: ITAT
Land eligible for wealth tax exemption even on conversion as non-agricultural if used for agricultural purposes
Denying registration u/s 12AA by testing ancillary objects rather than main objects for their charitable nature is unfair
Excess of expenditure over trust’s income for a previous year can be claimed as income applied in subsequent previous year
No TDS liability u/s 194J on roaming charges
No set-off of business losses of non 10A units while computing deduction u/s 10A
Consideration for right to use copy right shrink-wrap software amounts to royalty
Higher warranty provision cannot be disallowed without examining basis/working of claim
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.
