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
![Rejection of Appeal without considering Settlement through VSVS Scheme: ITAT orders fresh adjudication by CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Appeal-VSVS-Scheme-ITAT-taxscan.jpeg "Rejection of Appeal without considering Settlement through VSVS Scheme: ITAT orders fresh adjudication by CIT(A) [Read Order]")
Rejection of Appeal without considering Settlement through VSVS Scheme: ITAT orders fresh adjudication by CIT(A) [Read Order]
In a recent ruling, the Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has held that, the Commissioner of Income Tax (Appeals) [CIT(A)]...
![Agricultural Income assessed without due enquiry: ITAT upholds order of PCIT for Revision of Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Agricultural-Income-enquiry-ITAT-PCIT-Assessment-taxscan.jpeg "Agricultural Income assessed without due enquiry: ITAT upholds order of PCIT for Revision of Assessment [Read Order]")
![Disallowance u/s 14 A is not permissible When Assessee does not have Exempt Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Disallowance-Assessee-Exempt-Income-ITAT-taxscan.jpg "Disallowance u/s 14 A is not permissible When Assessee does not have Exempt Income: ITAT [Read Order]")
![Every Deposit during Demonetization period Not amounts to Unaccounted Cash, Addition u/s 68 not allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Deposit-Demonetisation-Unaccounted-Cash-ITAT-taxscan.jpg "Every Deposit during Demonetization period Not amounts to Unaccounted Cash, Addition u/s 68 not allowable: ITAT [Read Order]")
![Form No.67 is not mandatory but a directory requirement, Disallowance of FTC due to delay in filing the same not valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Form-No.67-directory-requirement-FTC-ITAT-taxscan.jpg "Form No.67 is not mandatory but a directory requirement, Disallowance of FTC due to delay in filing the same not valid: ITAT [Read Order]")
Relief to NXP India: ITAT directs Fresh Adjudication on Depreciation on Networking Equipment [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT), Bangalore directed fresh adjudication on depreciation on networking equipment, and thereby granting relief to NXP India Pvt Ltd. ...
![Relief to NXP India: ITAT directs Fresh Adjudication on Depreciation on Networking Equipment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/NXP-India-ITAT-Depreciation-taxscan.jpg "Relief to NXP India: ITAT directs Fresh Adjudication on Depreciation on Networking Equipment [Read Order]")
Cash Loan u/s 269SS given by Executive Directors to meet urgent Financial needs of Company: ITAT deletes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore deleted penalty as the cash loan under Section 269SS of the Income Tax Act, 1961 given by Executive Directors to meet urgent financial needs of...
![Cash Loan u/s 269SS given by Executive Directors to meet urgent Financial needs of Company: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Cash-Loan-Executive-Directors-Company-ITAT-Penalty-taxscan.jpg "Cash Loan u/s 269SS given by Executive Directors to meet urgent Financial needs of Company: ITAT deletes Penalty [Read Order]")
Expenditure towards Issue of ESOP at Discounted Rate Allowable as Income Tax Deduction: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has allowed income tax deduction in respect of the expenditure towards the issue of ESOP to the employees at discount rates. The...
![Expenditure towards Issue of ESOP at Discounted Rate Allowable as Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ESOP-Income-Tax-Deduction-ITAT-taxscan.jpg "Expenditure towards Issue of ESOP at Discounted Rate Allowable as Income Tax Deduction: ITAT [Read Order]")
ITAT deletes Penalty Imposed for accepting Cash Payment for Sale of Land: No Sufficient Reasons to show Tax Evasion Attempt [Read Order]
The Banglore Bench of the Income Tax Appellate Tribunal (ITAT), recently deleted the penalty imposed under Section 271D of the Income Tax Act, 1961 as the revenue could not show sufficient reasons to...
![ITAT deletes Penalty Imposed for accepting Cash Payment for Sale of Land: No Sufficient Reasons to show Tax Evasion Attempt [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-Penalty-Cash-Payment-Sale-of-Land-Tax-Evasion-taxscan.jpg "ITAT deletes Penalty Imposed for accepting Cash Payment for Sale of Land: No Sufficient Reasons to show Tax Evasion Attempt [Read Order]")
Payments made as Expense onsite project to third party vendors not liable to TDS, disallowance made u/s 40(a)(i) not permissible: ITAT [Read Order]
Payments made as expense onsite project to the third party vendors not liable to deduct tax at source, disallowance made u/s 40(a)(i) not permissible, the Bangalore the Income Tax Appellate Tribunal...
![Payments made as Expense onsite project to third party vendors not liable to TDS, disallowance made u/s 40(a)(i) not permissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Payments-Expense-vendors-TDS-disallowance-ITAT-taxscan.jpeg "Payments made as Expense onsite project to third party vendors not liable to TDS, disallowance made u/s 40(a)(i) not permissible: ITAT [Read Order]")
Relief to Bosch Limited: ITAT deletes Income Tax Addition on reduction of Bad Debts from Sundry Receivables and debited to Profit and Loss account [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore deleted addition on reduction of bad debts from Sundry Receivables and debited to Profit and Loss account thereby granting Relief to Bosch Limited....
![Relief to Bosch Limited: ITAT deletes Income Tax Addition on reduction of Bad Debts from Sundry Receivables and debited to Profit and Loss account [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Bosch-Limited-ITAT-Income-Tax-Bad-Debts-Sundry-Receivables-Profit-and-Loss-account-taxscan.jpg "Relief to Bosch Limited: ITAT deletes Income Tax Addition on reduction of Bad Debts from Sundry Receivables and debited to Profit and Loss account [Read Order]")
Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore treated assessment order as null as due intimation was given on amalgamation of company by the assessee, M/s. Biocon Biologics Limited. The...
![Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Amalgamation-ITAT-Assessment-Order-void-taxscan.jpg "Due intimation given on Amalgamation of Company: ITAT treats Assessment Order as null and void [Read Order]")