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
![Tax Exemption Allowable for Interest Income Received on Temporary FD: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Tax-Exemption-Interest-Income-Received-on-Temporary-FD-ITAT-TAXSCAN.jpg "Tax Exemption Allowable for Interest Income Received on Temporary FD: ITAT [Read Order]")
Tax Exemption Allowable for Interest Income Received on Temporary FD: ITAT [Read Order]
The Banglore Bench of the Income Tax Appellate Tribunal (ITAT) has held that Tax Exemption is allowable on interest income received on temporarily...
![AMP expenditure for Promotion and Marketing Products Manufactured by assessee not International Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/AMP-expenditure-for-Promotion-and-Marketing-Products-AMP-expenditure-AMP-Promotion-and-Marketing-Products-Products-Manufactured-by-assessee-International-Transaction-ITAT-taxscan.jpg "AMP expenditure for Promotion and Marketing Products Manufactured by assessee not International Transaction: ITAT [Read Order]")
![Co-operative Societies Eligible for Exemption u/s 80P(2)(d) of Income Tax Act on interest on investments in Co-operative Banks: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Co-operative-Societies-Eligible-for-Exemption-Income-Tax-Act-on-interest-on-investments-in-Co-operative-Banks-ITAT-TAXSCAN.jpg "Co-operative Societies Eligible for Exemption u/s 80P(2)(d) of Income Tax Act on interest on investments in Co-operative Banks: ITAT [Read Order]")
![Relief to TATA Power: ITAT deletes Adjustment made Towards Technical Know-How Fees Despite Accepting Entity Level Margins [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Relief-to-TATA-Power-TATA-Power-ITAT-deletes-Adjustment-made-Towards-Technical-Know-How-Fees-ITAT-Entity-Level-Margins-Taxscan.jpg "Relief to TATA Power: ITAT deletes Adjustment made Towards Technical Know-How Fees Despite Accepting Entity Level Margins [Read Order]")
![Co-operative Society involved in Banking Business Not eligible for deduction u/s 80P(2)(a)(i): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Co-operative-Society-Co-operative-Society-involved-in-Banking-Business-Banking-Business-deduction-ITAT-Taxscan.jpg "Co-operative Society involved in Banking Business Not eligible for deduction u/s 80P(2)(a)(i): ITAT [Read Order]")
Commission Paid to Pigmy Collectors to be treated as Salary, Liable for TDS u/s 192: ITAT directs Re-adjudication [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench has held that the commission paid to pigmy collectors shall be treated as salary and the same shall be liable for Tax Deducted at Source...
![Commission Paid to Pigmy Collectors to be treated as Salary, Liable for TDS u/s 192: ITAT directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Commission-Paid-to-Pigmy-Collectors-Commission-Paid-Commission-Pigmy-Collectors-Salary-TDS-ITAT-directs-Re-adjudication-ITAT-Re-adjudication-taxscan.jpg "Commission Paid to Pigmy Collectors to be treated as Salary, Liable for TDS u/s 192: ITAT directs Re-adjudication [Read Order]")
Land not a Capital Asset but a “Work-in-Progress” for Real Estate Company, Expenses to be treated as Revenue Expenditure: ITAT
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that Land is not a Capital Asset but a 'Work-in-Progress' for a Real Estate Company. It was also observed that the Expenses incurred...
![Interest-Free Funds advanced to Sister Concern for Purchase of Land are Revenue in Nature: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Interest-Free-Funds-advanced-to-Sister-Concern-for-Purchase-of-Land-are-Revenue-in-Nature-ITAT-TAXSCAN.jpg "Interest-Free Funds advanced to Sister Concern for Purchase of Land are Revenue in Nature: ITAT [Read Order]")
Reassessment Proceedings Without Issuance of Notice u/s 143(2) is Bad in Law: ITAT quashes Assessment Order [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT )has held that reassessment proceedings without the issuance of notice under section 143(2) of the Income Tax Act, 1961 is bad in law. ...
![Reassessment Proceedings Without Issuance of Notice u/s 143(2) is Bad in Law: ITAT quashes Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Reassessment-Proceedings-Issuance-of-Notice-ITAT-quashes-Assessment-Order-taxscan.jpg "Reassessment Proceedings Without Issuance of Notice u/s 143(2) is Bad in Law: ITAT quashes Assessment Order [Read Order]")
Common Interest received on Deposits with Co-Operative Bank as Income is not Eligible for Deduction u/s.80P(2)(d): ITAT [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal (ITAT) held that the common interest received on deposits with co-operative Bank as income is not eligible for deduction under Section 80P(2)(d)...
![Common Interest received on Deposits with Co-Operative Bank as Income is not Eligible for Deduction u/s.80P(2)(d): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Common-interest-received-on-deposits-Co-operative-Bank-as-income-is-not-eligible-for-deduction-ITAT-TAXSCAN.jpg "Common Interest received on Deposits with Co-Operative Bank as Income is not Eligible for Deduction u/s.80P(2)(d): ITAT [Read Order]")
![Violation of Procedural Norm does not Extinguish Substantive Right to Claim FTC: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Violation-of-Procedural-Norm-Claim-FTC-ITAT-taxscan.jpg "Violation of Procedural Norm does not Extinguish Substantive Right to Claim FTC: ITAT [Read Order]")
Salary Reimbursement for Seconded Employee Not Taxable as FTS under India-US DTAA: ITAT [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that salary reimbursement for seconded employees would not be taxable as Fees for Technical Service (FTS) under the India-US tax...
![Salary Reimbursement for Seconded Employee Not Taxable as FTS under India-US DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Salary-Reimbursement-for-Seconded-Employee-Taxable-FTS-under-India-US-DTAA-ITAT-TAXSCAN.jpg "Salary Reimbursement for Seconded Employee Not Taxable as FTS under India-US DTAA: ITAT [Read Order]")