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.
Foreign travel expenditure incurred for obtaining donations is allowable
Exemption u/s 10AA available to interest received on temporary Fixed Deposits
Imposition of penalty u/s 271FA prior to 01.04.2015 for non-furnishing of AIR by co-operative bank unsustainable
ITAT Bangalore Quashes Assessment Order Due to Invalid Notice under Section 143(2)
Net Profit Margin Meeting Arm’s Length Price: Separate Addition not Sustainable
Deduction u/s 80P(2)(d) available to co-operative society towards interest earned from co-operative banks
TPO adjustment towards technical know-how fees after accepting entity level margins is unsustainable
Pigmy commission treatment as salary vis-à-vis TDS u/s 192 needs re-verification
Legal and professional expenses relating to business is revenue in nature
Proviso to section 36(1)(iii) not applicable as sufficient internal cash accruals available
Depreciation u/s 32 allowable only when asset is put to use for business purpose
Compulsory convertible debentures not equity – Interest allowable
Reimbursement of salary for seconded employee cannot be taxed as FTS
Deduction u/s 80P(2)(a)(i)/ 80P(2)(d) not available on common interest earned from investment in co-operative banks
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.
