![Capital Gains Tax Applies to Owner Proven by Registered Sale Deeds: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-Capital-Gains-Capital-Gains-Tax-taxscan.jpg "Capital Gains Tax Applies to Owner Proven by Registered Sale Deeds: ITAT [Read Order]")
Capital Gains Tax Applies to Owner Proven by Registered Sale Deeds: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that capital gains tax applies to the owner as proven by registered sale deeds. ...
![Procedure u/s 50C must follow while Sale consideration differs from Stamp Value: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-Income-tax-Section-50C-of-Income-Tax-Act-Taxscan.jpg "Procedure u/s 50C must follow while Sale consideration differs from Stamp Value: ITAT [Read Order]")
![Security Deposit Taxable Upon Arbitration Award Due to Earlier Uncertainty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Bangalore-Income-Tax-Income-Tax-Appellate-Tribunal-Security-Deposit-Tax-TAXSCAN.jpg "Security Deposit Taxable Upon Arbitration Award Due to Earlier Uncertainty: ITAT [Read Order]")
![AO’s Income Tax Assessment has to be Erroneous and Prejudicial to Revenue to warrant S.263 Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Cochin-Income-Tax-Income-Tax-Appellate-Tribunal-Income-Tax-Appeal-TAXSCAN.jpeg "AO’s Income Tax Assessment has to be Erroneous and Prejudicial to Revenue to warrant S.263 Proceedings: ITAT [Read Order]")
![Banking Companies Exempt from Minimum Alternate Tax u/s 115JB from AY 2013-14: ITAT rules in favour of Canara Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Canara-Bank-Minimum-Alternate-Tax-Section-115JB-Income-Tax-Act-MAT-exemption-for-banks-taxscan-1.jpg "Banking Companies Exempt from Minimum Alternate Tax u/s 115JB from AY 2013-14: ITAT rules in favour of Canara Bank [Read Order]")
ITAT directs AO to delete Addition due to Disallowance u/s 14A made without recording satisfaction regarding Assessee's Books of Account [Read Order]
In a recent ruling, the Cochin Bench of the Income Tax Appellate Tribunal ( ITAT ) directed the Assessing Officer ( AO ) to delete the addition due to disallowance which was made without recording...
![ITAT directs AO to delete Addition due to Disallowance u/s 14A made without recording satisfaction regarding Assessees Books of Account [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cochin-Income-Tax-Appellate-Tribunal-Income-Tax-taxscan.jpg "ITAT directs AO to delete Addition due to Disallowance u/s 14A made without recording satisfaction regarding Assessees Books of Account [Read Order]")
“This interpretation leads to absurd situation”: ITAT Quashes Denial of Registration of Trust owing to Belated Filing [Read Order]
In a recent ruling, the Cochin Bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the denial of registration to the appellant/assesee Gajanana Charitable Trust due to a delayed application. ...
![“This interpretation leads to absurd situation”: ITAT Quashes Denial of Registration of Trust owing to Belated Filing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cochin-Denial-of-Registration-Income-tax-Income-Tax-Appellate-Tribunal-Charitable-Trust-taxscan.jpg "“This interpretation leads to absurd situation”: ITAT Quashes Denial of Registration of Trust owing to Belated Filing [Read Order]")
Duplicate Income Tax Appeal filed by Revenue Not Maintainable: ITAT dismisses Infructuous Appeal against Geojit Financial [Read Order]
In a recent ruling, the Cochin bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the duplicate income tax appeal filed by the Revenue against Geojit Financial Services Ltd as it was...
![Duplicate Income Tax Appeal filed by Revenue Not Maintainable: ITAT dismisses Infructuous Appeal against Geojit Financial [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cochin-Income-Tax-Income-Tax-Appeal-Duplicate-income-tax-appeal-ITAT-dismisses-Appeal-taxscan.jpg "Duplicate Income Tax Appeal filed by Revenue Not Maintainable: ITAT dismisses Infructuous Appeal against Geojit Financial [Read Order]")
![Approval of S. 153D Assessment on Next day by Addl. CIT: ITAT quashes Demand Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Assessment-Order-Section-153D-of-Income-Tax-Act-1961-TAXSCAN.jpg "Approval of S. 153D Assessment on Next day by Addl. CIT: ITAT quashes Demand Order [Read Order]")
Excel Sheet Relating to Alleged Unaccounted Cash Sales from Nirav Modi Jewelry Store: ITAT dismisses Addition under Section 69A of Income Tax Act [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) dismissed the addition under section 69A of the Income Tax Act,1961, which was based on an excel sheet relating to alleged unaccounted...
![Excel Sheet Relating to Alleged Unaccounted Cash Sales from Nirav Modi Jewelry Store: ITAT dismisses Addition under Section 69A of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Income-Tax-Appellate-Tribunal-ITAT-Bangalore-Section-69A-Section-69A-of-Income-Tax-Act-ITAT-Dismisses-Addition-Nirav-Modi-TAXSCAN.jpg "Excel Sheet Relating to Alleged Unaccounted Cash Sales from Nirav Modi Jewelry Store: ITAT dismisses Addition under Section 69A of Income Tax Act [Read Order]")
Co-operative Societies offering Credit Facilities can claim Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order]
In the recent ruling, the Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that co-operative societies offering credit facilities to their members can claim deductions under section...
![Co-operative Societies offering Credit Facilities can claim Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Co-operative-societies-credit-facilities-Income-Tax-Deduction-Deduction-under-Section-80P-Tax-benefits-for-co-operative-societies-Section-80P-income-tax-taxscan.jpg "Co-operative Societies offering Credit Facilities can claim Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT [Read Order]")
CIT(A) Records Incorrect Facts and Findings: ITAT Remands Matter for Fresh Adjudication [Read Order]
The Bangalore Bench of Income Tax Appellate Authority ( ITAT ) remanded the matter back to the Commissioner of Income Tax (Appeals) for fresh adjudication due to incorrect facts and findings recorded...
![CIT(A) Records Incorrect Facts and Findings: ITAT Remands Matter for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Incorrect-Facts-Fresh-Adjudication-Commissioner-of-Income-Tax-taxscan.jpg "CIT(A) Records Incorrect Facts and Findings: ITAT Remands Matter for Fresh Adjudication [Read Order]")