![ITAT Orders Re-evaluation of S. 14A Disallowances and Foreign Tax Credits for Bank of India, Dismisses Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/500x300_2123918-itat-orders-re-evaluation-s-14a-disallowances-foreign-tax-credits-bank-india.webp "ITAT Orders Re-evaluation of S. 14A Disallowances and Foreign Tax Credits for Bank of India, Dismisses Revenue’s Appeal [Read Order]")
ITAT Orders Re-evaluation of S. 14A Disallowances and Foreign Tax Credits for Bank of India, Dismisses Revenue’s Appeal [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that no disallowance under Section 14A of the Income Tax Act, 1961 could be made...
![ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105215-itat-canon-india-foreign-tax-credit-japan-despite-nil-indian-tax-liability-taxscan.webp "ITAT Allows Canon India Full Foreign Tax Credit for Taxes Paid in Japan Despite Nil Indian Tax Liability [Read Order]")
![Service Tax Refund allowable on amount paid on Commission Charges for Credit Facility: CESTAT Rules in Favor of BOI [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Bank-of-India-Service-Tax-Refund-Commission-Charges-Bank-of-India-Service-Tax-Refund-Credit-Facility-Commission-Charges-Refund-TAXSCAN.jpg "Service Tax Refund allowable on amount paid on Commission Charges for Credit Facility: CESTAT Rules in Favor of BOI [Read Order]")
![ITAT declines Foreign Tax Credits to Bank of India to the tune of Rs.182.64 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-foreign-tax-credits-Bank-of-India-Taxscan.jpeg "ITAT declines Foreign Tax Credits to Bank of India to the tune of Rs.182.64 Cr [Read Order]")
Relief to Bank of India: Taxes paid abroad will be allowed as Deduction in the Computation of Business Income, rules ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench while accepting the claim of the Bank of India ruled that the taxes paid abroad will be allowed as a deduction in the computation of the...
![Relief to Bank of India: Taxes paid abroad will be allowed as Deduction in the Computation of Business Income, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Relief-to-Bank-of-India-Taxes-deduction-in-the-computation-business-income-ITAT-Taxscan.jpeg "Relief to Bank of India: Taxes paid abroad will be allowed as Deduction in the Computation of Business Income, rules ITAT [Read Order]")
![NCLT orders Liquidation of dairy products firm Kwality Ltd. [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/01/NCLT-New-Delhi-orders-liquidation-dairy-products-firm-Kwality-Ltd.-Taxscan.jpg "NCLT orders Liquidation of dairy products firm Kwality Ltd. [Read Order]")
PCIT can’t form another view on same issue if AO has already passed order: ITAT rules in favour of Bank of India [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench while ruling in favor of Bank of India held that Principal Commissioner of Income Tax (PCIT) cannot form another view on the same issue in which...
![PCIT can’t form another view on same issue if AO has already passed order: ITAT rules in favour of Bank of India [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/PCIT-AO-order-ITAT-Bank-of-India-Taxscan.jpeg "PCIT can’t form another view on same issue if AO has already passed order: ITAT rules in favour of Bank of India [Read Order]")
PCIT rightly directed the Bank of India’s case to Transfer Pricing Officer for determining ALP: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that PCIT rightly directed the Bank of India’s case to the Transfer Pricing Officer (TPO) under section 92CA for determination of arm’s...
![PCIT rightly directed the Bank of India’s case to Transfer Pricing Officer for determining ALP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-PCIT-Bank-of-India-Transfer-Pricing-Officer-ALP-Taxscan.jpeg "PCIT rightly directed the Bank of India’s case to Transfer Pricing Officer for determining ALP: ITAT [Read Order]")
Assessing Officer erred in holding Bank of India guilty of non-deduction of TDS: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Jaipur Bench vehicle deleting the penalty held that the assessee, Bank of India was not guilty of non-deduction of Tax Deduction at Source (TDS). The...
![Assessing Officer erred in holding Bank of India guilty of non-deduction of TDS: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-TDS-Bank-of-India-Taxscan.jpeg "Assessing Officer erred in holding Bank of India guilty of non-deduction of TDS: ITAT deletes Penalty [Read Order]")
