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
![ITAT Annual Digest 2023 [Part-15]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-cases-2023-Tax-tribunal-updates-Annual-tax-analysis-Income-tax-appeals-ITAT-decisions-2023-ITAT-Cases-ITAT-taxscan.jpg "ITAT Annual Digest 2023 [Part-15]")
ITAT Annual Digest 2023 [Part-15]
This yearly digest analyzes all the ITAT stories published in the year 2023 at taxscan.in Waiver of Loan is Not Business Income, Not Taxable u/s...
![Delay in payment of employees’ contribution of ESI & PF to Government: ITAT upholds Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Delay-payment-employees-contribution-ESI-PF-Government-ITAT-Disallowance-TAXSCAN.jpg "Delay in payment of employees’ contribution of ESI & PF to Government: ITAT upholds Disallowance [Read Order]")
![Interest on Delayed Payment of TDS cannot be allowed as deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Interest-on-Delayed-Payment-Delayed-Payment-of-TDS-Payment-of-TDS-TDS-ITAT-Income-Tax-Tax-Deduction-at-Source-TAXSCAN.jpg "Interest on Delayed Payment of TDS cannot be allowed as deduction: ITAT [Read Order]")
![Deduction u/s 57 shall be allowed on Cost of Funds and Proportionate Administrative Expenses for Earning Interest Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Deduction-Proportionate-Administrative-Expenses-Earning-Interest-Income-ITAT-Cost-of-Funds-ITAT-Bangalore-taxscan.jpg "Deduction u/s 57 shall be allowed on Cost of Funds and Proportionate Administrative Expenses for Earning Interest Income: ITAT [Read Order]")
![When Substantial Justice and technical considerations are pitted against each other, Cause of Substantial Justice shall be preferred: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/When-Substantial-Justice-technical-considerations-pitted-against-each-other-Cause-of-Substantial-Justice-ITAT-TAXSCAN.jpg "When Substantial Justice and technical considerations are pitted against each other, Cause of Substantial Justice shall be preferred: ITAT [Read Order]")
ITAT deletes assessment order passed u/s 153A of Income Tax Act against non existent partnership firm [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench, deleted the assessment order passed under Section 153A of the Income Tax Act, 1961, against a non-existent partnership firm. The...
![ITAT deletes assessment order passed u/s 153A of Income Tax Act against non existent partnership firm [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Non-Existent-Partnership-Firm-Partnership-Firm-Income-Tax-Act-Income-Tax-Tax-News-Existent-Partnership-Firm-Partnership-Firm-TAXSCAN.jpg "ITAT deletes assessment order passed u/s 153A of Income Tax Act against non existent partnership firm [Read Order]")
![No Corroborative Evidence to show Bogus Purchase: ITAT sets aside Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/No-Corroborative-Evidence-Bogus-Purchase-ITAT-Income-Tax-Addition-taxscan.jpg "No Corroborative Evidence to show Bogus Purchase: ITAT sets aside Income Tax Addition [Read Order]")
![No Tax on Interest Accrued on FD subjected to CBI’s Prohibitory Order: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-Tax-Interest-Accrued-FD-subjected-CBIs-Prohibitory-Order-ITAT-taxscan.jpg "No Tax on Interest Accrued on FD subjected to CBI’s Prohibitory Order: ITAT [Read Order]")
Production of Bank accounts extract Evidencing Payment of Purchase of Jewellery: ITAT Deletes Addition u/s 69B of Income Tax Act [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition under Section 69B of the Income Tax Act 1961 as the bank accounts extract evidencing payment of purchase of...
![Production of Bank accounts extract Evidencing Payment of Purchase of Jewellery: ITAT Deletes Addition u/s 69B of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Production-Bank-accounts-extract-Evidencing-Payment-of-Purchase-Jewellery-ITAT-Deletes-Addition-Income-Tax-Act-taxscan-1.jpg "Production of Bank accounts extract Evidencing Payment of Purchase of Jewellery: ITAT Deletes Addition u/s 69B of Income Tax Act [Read Order]")
Amounts invested by the Co-operative Societies as per Karnataka Co-operative Societies Act entitled to Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT Re-Adjudication [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has directed re-adjudication holding that the amounts invested by the cooperative societies as per Karnataka Co-operative Societies Act are...
![Amounts invested by the Co-operative Societies as per Karnataka Co-operative Societies Act entitled to Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Amounts-invested-Co-operative-Societies-Karnataka-Co-operative-Societies-Act-Income-Tax-Act-ITAT-Re-Adjudication-taxscan.jpg "Amounts invested by the Co-operative Societies as per Karnataka Co-operative Societies Act entitled to Deduction u/s 80P(2)(a)(i) of Income Tax Act: ITAT Re-Adjudication [Read Order]")
Disallowance of Income Tax deduction on Business Expenditure for Payment of Penalty to Clients/Customers for Breach of Contract: ITAT Remands Ex-parte Order to AO for Re-adjudication
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) remanded the ex-parte order to the files of Assessing Officer for re-adjudication in regards to the disallowance of deduction on business...
Payment made to Gateway providers are not Brokerage, TDS u/s 194H of Income Tax Act not Applicable: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) held that the payments made to gateway providers are not brokerage and TDS under Section 194H of the Income Tax Act,1961 is not liable to...
![Payment made to Gateway providers are not Brokerage, TDS u/s 194H of Income Tax Act not Applicable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Payment-made-to-Gateway-providers-Brokerage-TDS-Income-Tax-Act-ITAT-Payment-taxscan.jpg "Payment made to Gateway providers are not Brokerage, TDS u/s 194H of Income Tax Act not Applicable: ITAT [Read Order]")