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
![Exemption u/s 80P is allowable, If delay in Filing Income Tax Return is condoned by Competent Authority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Income-Tax-Return-competent-authority-ITAT-taxscan.jpeg "Exemption u/s 80P is allowable, If delay in Filing Income Tax Return is condoned by Competent Authority: ITAT [Read Order]")
Exemption u/s 80P is allowable, If delay in Filing Income Tax Return is condoned by Competent Authority: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Banglore bench ruled that the exemption under section 80 P of the Income Tax Act,1961 is allowable if it is...
![Cash Payments made to Agriculturists are allowable, No Addition u/s 40A (3) sustain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Cash-payments-agriculturists-ITAT-taxscan.jpeg "Cash Payments made to Agriculturists are allowable, No Addition u/s 40A (3) sustain: ITAT [Read Order]")
![Relief to Infosys BPO Ltd: Training Fee paid to Non-Resident Professional not amount to FTS, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/ITAT-Bangalore-Infosys-BPO-Ltd-Training-Fee-FTS-ITAT-taxscan.jpeg "Relief to Infosys BPO Ltd: Training Fee paid to Non-Resident Professional not amount to FTS, rules ITAT [Read Order]")
![Cash available out of Past Savings justifiable as Source of Unexplained Money u/s 69A: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Cash-savings-unexplained-money-ITAT-taxscan.jpg "Cash available out of Past Savings justifiable as Source of Unexplained Money u/s 69A: ITAT [Read Order]")
![Income Tax Proceedings against Google India for TDS Default are Time Barred: ITAT quashes Orders [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Income-Tax-Google-India-TDS-Default-Time-Barred-ITAT-taxscan.jpg "Income Tax Proceedings against Google India for TDS Default are Time Barred: ITAT quashes Orders [Read Order]")
Interest paid on Convertible Debentures is not Interest on Equity and allowable as Expenditure u/s. 36(1)(iii): ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore held that Interest paid on convertible debentures is not interest on equity and allowable as expenditure under Section 36(1)(iii). The only...
![Interest paid on Convertible Debentures is not Interest on Equity and allowable as Expenditure u/s. 36(1)(iii): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Interest-paid-convertible-debentures-interest-equity-expenditure-ITAT-taxscan.jpg "Interest paid on Convertible Debentures is not Interest on Equity and allowable as Expenditure u/s. 36(1)(iii): ITAT [Read Order]")
![Demand to late fee u/s. 234E not sustainable for TDS filed before 1st June 2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Demand-late-fee-TDS-ITAT-taxscan.jpg "Demand to late fee u/s. 234E not sustainable for TDS filed before 1st June 2015: ITAT [Read Order]")
Capital Gain does not attract in case of permissive Possession in Immovable Property, not Taxable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench consisting of Beena Pillai, Judicial Member, and Laxmi Prasad Sahu, Accountant Member held that Capital Gain does not attract in case of...
![Capital Gain does not attract in case of permissive Possession in Immovable Property, not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Capital-Gain-property-ITAT-taxscan.jpg "Capital Gain does not attract in case of permissive Possession in Immovable Property, not Taxable: ITAT [Read Order]")
Interest paid on Delayed Payment of TDS is Not Business Expenditure: ITAT disallows Income Tax Deduction Claim [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that income tax deduction cannot be available for the interest paid on the delayed payment of TDS under section 201(1A) of the...
![Interest paid on Delayed Payment of TDS is Not Business Expenditure: ITAT disallows Income Tax Deduction Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Interest-paid-TDS-Business-Expenditure-ITAT-Income-Tax-Deduction-taxscan.jpeg "Interest paid on Delayed Payment of TDS is Not Business Expenditure: ITAT disallows Income Tax Deduction Claim [Read Order]")
IBM India not required to deduct TDS on Payment to IBM Philippines for Payroll Related Services: ITAT [Read Order]
In a major relief to IBM India, the Income Tax Appellate Tribunal (ITAT), Bangalore bench has held that the Company need not required to TDS on payment to IBM Philippines for rendering of payroll...
![IBM India not required to deduct TDS on Payment to IBM Philippines for Payroll Related Services: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/IBM-India-TDS-IBM-Philippines-Payroll-Related-Services-ITAT-Taxscan.jpg "IBM India not required to deduct TDS on Payment to IBM Philippines for Payroll Related Services: ITAT [Read Order]")
![Assessment Order framed against Non-Existing Company is void ab initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Assessment-order-void-ab-initio-ITAT-taxscan.jpg "Assessment Order framed against Non-Existing Company is void ab initio: ITAT [Read Order]")
Rejection of Books of Account is a precondition for making reference to DVO: ITAT holds DVO report illegal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore held that, the report of the District Valuation Officer (DVO) was illegal on the ground that rejection of books of account is a precondition for...
![Rejection of Books of Account is a precondition for making reference to DVO: ITAT holds DVO report illegal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/books-of-account-DVO-ITAT-DVO-report-illegal-taxscan.jpeg "Rejection of Books of Account is a precondition for making reference to DVO: ITAT holds DVO report illegal [Read Order]")