ITAT Bangalore Judgments, Orders & News | Income Tax Appellate Tribunal

Begin typing your search above and press return to search.

Home
»
ITAT Bangalore

ITAT Bangalore

Explore the latest ITAT Bangalore judgments, orders, and appellate decisions on direct tax matters from the Bangalore bench of the Income Tax Appellate Tribunal

PCIT cannot Revise 80P Deduction on Bank Interest if AO Assessment not Erroneous or Prejudicial to Revenue: ITAT [Read Order]

Laksita P

The Income Tax Appellate Tribunal, BangaloreBench, held that the Principal Commissioner of Income Tax (PCIT) cannot revise the deduction under...

ITAT Weekly Roundup

Claimed Property Gift by Father-in-Law Mistakenly Registered as Sale: ITAT Remands Capital Gain...

S. 153C cannot be invoked against Searched Person: ITAT Rules Assessment required u/s 153A,...

Notices to suspend activities and Maintain Status Quo Not Seizure: ITAT Rules closing stock cannot...

Revenue cannot take advantage of Clerical mistakes in ITR Filing: ITAT grants Income Tax Exemption for Trust [Read Order]

Revenue cannot take advantage of clerical mistakes in ITR Filing: ITAT grants Income Tax Exemption for Trust The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) granted an income tax...

Cash Payment Disallowance u/s 40A(3) Partially Upheld: ITAT Remits for Verification of Government Cess Payment [Read Order]

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) provided partial relief to a real estate firm facing significant disallowance on cash payments and remitted government cess payment ...

Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the payments was not made on banking holidays and held that the assessee failed to establish the conditions required for...

Petrol Pump Operator’s Cash Deposits Fully Explained in Books: ITAT Deletes ₹14.10 Lakh Unexplained Income Addition [Read Order]

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) decided the appeal concerning the addition of Rs. 14.10 lakh as unexplained cash deposits under Section 69A of the Income TaxAct, 1961...

Only One-Day Granted to Respond to SCN: ITAT sets aside Ex-Parte Order, Condones Delay Caused by Husband’s Death [Read Order]

The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the appeal, holding that the delay in filing her appeal was due to sufficient cause, namely her husband’s serious illness...

Landowner’s ₹1.44 Cr Agricultural Income from Mango Sales Triggers Scrutiny: ITAT Deletes ₹1.20 Cr Addition [Read Order]

The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) deleted the addition after finding that the Assessing Officer (AO) did not examine the evidence placed on record and had relied only...

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 Associated Enterprises (AEs) does not constitute a...