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
![Half Yearly Income Tax Digest: ITAT Rulings 2024 [Part II]](https://www.taxscan.in/wp-content/uploads/2024/07/Half-Yearly-Case-Digest-ITAT-Case-Digest-Half-Yearly-Income-Tax-Digest-Income-Tax-TAXSCAN.jpg "Half Yearly Income Tax Digest: ITAT Rulings 2024 [Part II]")
Half Yearly Income Tax Digest: ITAT Rulings 2024 [Part II]
This half-yearly round-up analytically summarizes the key direct tax decisions of the Income Tax Appellate Tribunal ( ITAT ) reported at Taxscan.in...
![Payment by Indian Entity to its AE Abroad not FTS in absence of availability of Technical Skill: ITAT rules in favour Herbalife International India [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Income-Tax-ITAT-ITAT-Rules-ITAT-Bangalore-Income-Tax-Appellate-Tribunal-foreign-AE-TAXSCAN.jpg "Payment by Indian Entity to its AE Abroad not FTS in absence of availability of Technical Skill: ITAT rules in favour Herbalife International India [Read Order]")
![ITAT Quashes Order Rejecting Approval u/s 80G of Income Tax Act as CBDT Extended Due Date for Filing Form 10AB [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Income-tax-ITAT-CBDT-ITAT-order-Section-80G-ITAT-bangalore-CBDT-TAXSCAN.jpg "ITAT Quashes Order Rejecting Approval u/s 80G of Income Tax Act as CBDT Extended Due Date for Filing Form 10AB [Read Order]")
![Addition on Unaccounted Sales and Purchases under Income Tax Act Solely Based on Loose Slips is Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Income-tax-appellate-tribunal-Income-tax-act-sales-and-purchases-TAXSCAN.jpg "Addition on Unaccounted Sales and Purchases under Income Tax Act Solely Based on Loose Slips is Invalid: ITAT [Read Order]")
![Interest / Dividend Income from Investment with Cooperative Society is Entitled to Deduction u/s 80 P (2)(d) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-income-tax-appellate-tribunal-Dividend-income-Cooperative-society-TAXSCAN.jpg "Interest / Dividend Income from Investment with Cooperative Society is Entitled to Deduction u/s 80 P (2)(d) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]")
Interest Income from SBI Investments not attributable to Business of Taxpayer, Not Eligible for Deduction u/s 80P (2)(a)(i) of Income Tax Act: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that interest income received on investments from State Bank of India ( SBI ) was not attributable to the business of the...
![Interest Income from SBI Investments not attributable to Business of Taxpayer, Not Eligible for Deduction u/s 80P (2)(a)(i) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Bangalore-Income-tax-Income-Tax-Act-State-Bank-of-India-SBI-taxscan.jpg "Interest Income from SBI Investments not attributable to Business of Taxpayer, Not Eligible for Deduction u/s 80P (2)(a)(i) of Income Tax Act: ITAT [Read Order]")
Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that interest income from investment in Karnataka District Central Co-operative Bank ( KDCC Bank ) was not eligible for...
![Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-bangalore-investment-in-kdcc-bank-interest-income-from-kdcc-bank-remand-to-assessing-officer-taxscan.jpg "Interest Income from Investment in KDCC Bank is not Eligible for Deduction u/s 80 P(2)(a)(i) of Income Tax Act: ITAT remits to AO for Fresh Consideration [Read Order]")
Taxpayer earns Interest/Dividend Income out of Investments with Co-Operative Society, Entitles to 80P Deduction of Income Tax Act: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) restored to the Assessing Officer the case where the taxpayer, earning interest and dividend income from investments with a...
![Taxpayer earns Interest/Dividend Income out of Investments with Co-Operative Society, Entitles to 80P Deduction of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Income-tax-Income-tax-act-Co-Operative-Society-Investment-Tax-Deduction-Tax-Benefits-taxscan.jpg "Taxpayer earns Interest/Dividend Income out of Investments with Co-Operative Society, Entitles to 80P Deduction of Income Tax Act: ITAT [Read Order]")
ITAT allows Deduction Claim in respect of Interest Earned from Credit Facilities Extended to Members including/ Nominal Associate Members [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the claim of deduction in respect of interest earned from credit facilities extended to members, including nominal and...
![ITAT allows Deduction Claim in respect of Interest Earned from Credit Facilities Extended to Members including/ Nominal Associate Members [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Bangalore-ITAT-ITAT-Allows-Deduction-Claim-Income-tax-deduction-ITAT-news-Taxscan.jpg "ITAT allows Deduction Claim in respect of Interest Earned from Credit Facilities Extended to Members including/ Nominal Associate Members [Read Order]")
Interest/Dividend Income out of Investments with Co-operative Society is Eligible for Deduction u/s 80P(2) of Income Tax Act: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that interest / dividend income out of investments with co-operative society is eligible for deduction under Section 80P(2) of...
![Interest/Dividend Income out of Investments with Co-operative Society is Eligible for Deduction u/s 80P(2) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-Income-tax-appellate-tribunal-Tax-news-Dividend-income-Section-80P-TAXSCAN.jpg "Interest/Dividend Income out of Investments with Co-operative Society is Eligible for Deduction u/s 80P(2) of Income Tax Act: ITAT [Read Order]")
ITAT directs Remands Matter to AO to Analyse Payment of Guarantee Commission is an Admissible Deduction u/s 37(1) of Income Tax Act [Read Order]
In a recent ruling the Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) directed the remand of the matter to the AO to analyse whether the payment of the guarantee commission is an...
![ITAT directs Remands Matter to AO to Analyse Payment of Guarantee Commission is an Admissible Deduction u/s 37(1) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/ITAT-income-tax-act-ITAT-bangalore-ITAT-remands-Remands-matters-TAXSCAN.jpg "ITAT directs Remands Matter to AO to Analyse Payment of Guarantee Commission is an Admissible Deduction u/s 37(1) of Income Tax Act [Read Order]")
ITAT allows Claim of Deduction u/s 80P (2) (a) (i) in respect of Interest Earned from Credit Facilities extended to members including Nominal / Associate Members [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the claim of deduction under Section 80P (2)(a)(i) in respect of interest earned from credit facilities extended to members,...
