![Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104743-incometax-addition-taxscan1.webp "Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]")
Testing Equipment Not a Taxable Benefit u/s 28(iv): ITAT Deletes ₹7.73 Cr Addition Against AMD India [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) has ruled that testing equipment received free of cost by AMD India Pvt. Ltd. from its...
![Comparables Functionally Dissimilar, Receivables Subsumed in Working Capital: ITAT Deletes TP Adjustment in AMD India Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/250x150_2104741-amd-tp-case-taxscan.webp "Comparables Functionally Dissimilar, Receivables Subsumed in Working Capital: ITAT Deletes TP Adjustment in AMD India Case [Read Order]")
![71-Year-Old Senior Citizen Not Tech Savvy to Check E-mails and Income Tax Portal: ITAT grants Final Opportunity to Contest S. 69A Addition [Read Order]](https://images.taxscan.in/h-upload/2025/11/11/250x150_2103982-incometax-portal-taxscan.webp "71-Year-Old Senior Citizen Not Tech Savvy to Check E-mails and Income Tax Portal: ITAT grants Final Opportunity to Contest S. 69A Addition [Read Order]")
![Tissue Culture Cannot Be Isolated from Nursery Activity: ITAT Treats Entire Nursery Receipts as Agricultural Income Exempt u/s 10(1) [Read Order]](https://images.taxscan.in/h-upload/2025/11/11/250x150_2103973-agricultral-income-taxscan.webp "Tissue Culture Cannot Be Isolated from Nursery Activity: ITAT Treats Entire Nursery Receipts as Agricultural Income Exempt u/s 10(1) [Read Order]")
![CIT(A) Holds Property Sale to Partner’s Son Genuine but Disallowed Indexed Interest Claim: ITAT sets aside Order for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/250x150_2086026-property-sale-taxscan.webp "CIT(A) Holds Property Sale to Partner’s Son Genuine but Disallowed Indexed Interest Claim: ITAT sets aside Order for Verification [Read Order]")
ITAT deletes Penalty u/s 271D for Cash Receipt from Ancestral Land Sale, Citing Bona Fide Belief [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the penalty imposed under section 271D of Income Tax Act,1961, holding that the cash receipt from the sale of ancestral...
![ITAT deletes Penalty u/s 271D for Cash Receipt from Ancestral Land Sale, Citing Bona Fide Belief [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-Penalty-Cash-Receipt-Ancestral-Land-Sale-Citing-Bona-Fide-Belief-taxscan.webp "ITAT deletes Penalty u/s 271D for Cash Receipt from Ancestral Land Sale, Citing Bona Fide Belief [Read Order]")
![Barcode-Backed Tax Invoice Wrongly Treated as Bogus: ITAT upholds Order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/Barcode-Backed-Tax-Invoice-Treated-as-Bogus-ITAT-upholds-Order-CITA-TAXSCAN.jpg "Barcode-Backed Tax Invoice Wrongly Treated as Bogus: ITAT upholds Order of CIT(A) [Read Order]")
ITAT Bangalore Rules in Favor of Assessee, allows Deductions under Section 80JJAA and Additional Depreciation [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Bangalore Bench ruled in favor of the assessee, allowing deductions under Section 80JJAA of the Income Tax Act, 1961, and additional depreciation under...
![ITAT Bangalore Rules in Favor of Assessee, allows Deductions under Section 80JJAA and Additional Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Bangalore-Favor-of-Assessee-Deductions-Section-80JJAA-Additional-Depreciation-taxscan.jpg "ITAT Bangalore Rules in Favor of Assessee, allows Deductions under Section 80JJAA and Additional Depreciation [Read Order]")
TPO already made Adjustments on Information & Technology Fees: ITAT deletes AO's Protective Addition [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted the protective addition made by the Assessing Officer (AO) because the Transfer Pricing Officer (TPO) had already made...
![TPO already made Adjustments on Information & Technology Fees: ITAT deletes AOs Protective Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/TPO-Adjustments-Information-Technology-Fees-ITAT-AOs-Protective-Addition-taxscan.jpg "TPO already made Adjustments on Information & Technology Fees: ITAT deletes AOs Protective Addition [Read Order]")
Email Communication Error Leads to Non-Appearance Before CIT(A): ITAT directs Fresh Adjudication [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal(ITAT)ordered for fresh adjudication after an email communication error led to the non-appearance of the assessee, before the Commissioner of...
![Email Communication Error Leads to Non-Appearance Before CIT(A): ITAT directs Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Kerala-HC-Income-Tax-Notice-Email-SMS-taxscan.jpg "Email Communication Error Leads to Non-Appearance Before CIT(A): ITAT directs Fresh Adjudication [Read Order]")
AO cannot Change Valuation of Shares Method Selected u/s 56(2)(viib) r.w. Rule 11UA(2): ITAT [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal  ( ITAT ) ruled that the assessing officer cannot to interfere in the valuation of shares method selected by the assessee under section...
![AO cannot Change Valuation of Shares Method Selected u/s 56(2)(viib) r.w. Rule 11UA(2): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/AO-Change-Valuation-Shares-Method-ITAT-TAXSCAN.jpg "AO cannot Change Valuation of Shares Method Selected u/s 56(2)(viib) r.w. Rule 11UA(2): ITAT [Read Order]")