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
![Transactional Net Margin Method is the Most Appropriate Method for Benchmarking the License fees and Management Fees: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Transactional-Net-Margin-Method-Most-Appropriate-Method-Benchmarking-License-fees-Management-Fees-ITAT-Taxscan.jpeg "Transactional Net Margin Method is the Most Appropriate Method for Benchmarking the License fees and Management Fees: ITAT [Read Order]")
Transactional Net Margin Method is the Most Appropriate Method for Benchmarking the License fees and Management Fees: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench comprising Shri George George K, JM, and Ms. Padmavathy S, AM has held that Transactional...
![Reimbursement of Expenses in the usage of Third-party Software without any Mark-up is not liable for TDS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Reimbursement-expenses-Third-party-Software-mark-up-liable-TDS-ITAT-Taxscan.jpg "Reimbursement of Expenses in the usage of Third-party Software without any Mark-up is not liable for TDS: ITAT [Read Order]")
![NRI couldn’t Prove Source of Cash Deposit during Demonetization: ITAT upholds Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/NRI-Cash-Deposit-Demonetization-ITAT-NRI-taxscan.jpeg "NRI couldn’t Prove Source of Cash Deposit during Demonetization: ITAT upholds Addition [Read Order]")
![CAM Charges included in Rent allowable as Income Tax Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/CAM-Rent-allowable-Deduction-ITAT-taxscan.jpeg "CAM Charges included in Rent allowable as Income Tax Deduction: ITAT [Read Order]")
![Relief to Bangalore Metro Rail Corporation Ltd: ITAT condones Delay of 1037 Days in filing Appeal due to Wrong Professional Advice [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Relief-Bangalore-Metro-Rail-Corporation-Ltd-ITAT-filing-Appeal-Wrong-Professional-Advice-Taxscan.jpeg "Relief to Bangalore Metro Rail Corporation Ltd: ITAT condones Delay of 1037 Days in filing Appeal due to Wrong Professional Advice [Read Order]")
Wife eligible for Capital Gain Exemption If Money given for Acquisition of Property either directly to Builder or as Reimbursement to Husband [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the wife is eligible for capital gain exemption in respect of money given for the acquisition of the property either...
![Wife eligible for Capital Gain Exemption If Money given for Acquisition of Property either directly to Builder or as Reimbursement to Husband [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Wife-Capital-Gain-Exemption-Money-Acquisition-of-Property-Reimbursement-Husband-Taxscan.jpg "Wife eligible for Capital Gain Exemption If Money given for Acquisition of Property either directly to Builder or as Reimbursement to Husband [Read Order]")
Lack of Evidence: ITAT deletes Income Tax Addition against Karnataka Ex-CM B S Yediyurappa [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has deleted an income tax addition made against former Chief Minister of Karnataka for want of documentary evidence supporting the...
![Lack of Evidence: ITAT deletes Income Tax Addition against Karnataka Ex-CM B S Yediyurappa [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Lack-of-Evidence-ITAT-Income-Tax-Addition-Karnataka-Ex-CM-B-S-Yediyurappa-Taxscan.jpg "Lack of Evidence: ITAT deletes Income Tax Addition against Karnataka Ex-CM B S Yediyurappa [Read Order]")
Subsidy Expenditure does not attract TDS Provision: ITAT set-asides Order Disallowing Subsidy u/s 40(a)(ia)
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) has held that subsidy expenditure not attracts TDS provision and set asides the order disallowing subsidy u/s 40(a)(ia). The appellant...
Assessee couldn’t submit Evidence for Payment of Brokerage for Sale of Property: ITAT allows 1% of Sale Consideration [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench has allowed 1% of the sale consideration as brokerage for the sale of the property since the assessee could not prove the evidence for the...
![Assessee couldn’t submit Evidence for Payment of Brokerage for Sale of Property: ITAT allows 1% of Sale Consideration [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Assessee-Payment-Brokerage-Sale-of-Property-ITAT-Sale-Consideration-Taxscan.jpeg "Assessee couldn’t submit Evidence for Payment of Brokerage for Sale of Property: ITAT allows 1% of Sale Consideration [Read Order]")
Digital Data recovered during Search has Evidentiary Value, can be relied on to Make Addition: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the digital data recovered by the income tax department during the search proceedings has evidentiary value under the...
![Digital Data recovered during Search has Evidentiary Value, can be relied on to Make Addition: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Digital-Data-Evidentiary-Value-Addition-ITAT-Taxscan.jpeg "Digital Data recovered during Search has Evidentiary Value, can be relied on to Make Addition: ITAT [Read Order]")
Completion of Construction irrelevant to Apply S. 54F: ITAT allows Capital Gain exemption since Sale Deed was Registered within Prescribed Time [Read Order]
The Bangalore bench of the ITAT has held that the date of completion of construction of new property is irrelevant to allow exemption under section 54F of the Income Tax Act, 1961 and the same is...
![Completion of Construction irrelevant to Apply S. 54F: ITAT allows Capital Gain exemption since Sale Deed was Registered within Prescribed Time [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Completion-Construction-irrelevant-ITAT-Capital-Gain-exemption-Sale-Deed-Registered-Prescribed-Time-Taxscan.jpeg "Completion of Construction irrelevant to Apply S. 54F: ITAT allows Capital Gain exemption since Sale Deed was Registered within Prescribed Time [Read Order]")