Courts: ITAT Bangalore
2,100 articlesIncome Tax

Income Tax
Unless escaped income exceeds ₹50 lakhs no action beyond 3 years could take place
Income Tax

Income Tax
No section 271D penalty for Cash receipt if reasonable cause exist
Income Tax

Income Tax
Payment by Indian Entity to AE Abroad Not ‘FTS’ if No Technical Skill Provided: Bangalore ITAT
Income Tax

Income Tax
ITAT allows depreciation on amount paid exceeding net asset value
Income Tax

Income Tax
Late Form 67 filing doesn’t invalidate foreign tax credit claim
Income Tax

Income Tax
Income Tax Addition cannot Be based Solely on unsubstantiated Loose Slips
Income Tax

Income Tax
Investment with co-operative bank eligible for Section 80P(2)(d) deduction
Income Tax

Income Tax
ITAT allows section 80P(2)(d) deduction for interest income earned from cooperative banks
Income Tax

Income Tax
Section 80P(2)(d) deduction on interest/dividend income out of investments with co-op society
Income Tax

Income Tax
Interest from SBI Investments Ineligible for Section 80P(2)(a)(i) Deduction
Income Tax

Income Tax
Section 80P(2)(d) deduction not eligible on Interest Income from KDCC Bank
Income Tax

Income Tax
Co-op society providing credit facilities to members is entitled to Section 80P(2)(a)(i) deduction
Income Tax

Income Tax
Section 80P(2)(d) deduction on interest/dividend income out of investments with co-op society
Income Tax

Income Tax
