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 deletes Section 68 Addition as Assessee discharges Burden of Proof as to Source of Gift, Identity of Donor [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/08/ITAT-Taxscan.jpg "ITAT deletes Section 68 Addition as Assessee discharges Burden of Proof as to Source of Gift, Identity of Donor [Read Order]")
ITAT deletes Section 68 Addition as Assessee discharges Burden of Proof as to Source of Gift, Identity of Donor [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench deleted the addition under Section 68 of the Income Tax Act, 1961 as assessee discharges...
![Filing of Voluminous Correspondence, Reports not a proper way to discharge Assessees burden to establish ALP of Expenditure in question: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/ALP-of-expenditure-ITAT-Taxscan.jpg "Filing of Voluminous Correspondence, Reports not a proper way to discharge Assessees burden to establish ALP of Expenditure in question: ITAT [Read Order]")
![Companies to be excluded from Final List of Comparables for Determining Arm’s Length Margin: ITAT grants relief to SAP [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/arms-length-margin-ITAT-SAP-Taxscan.jpg "Companies to be excluded from Final List of Comparables for Determining Arm’s Length Margin: ITAT grants relief to SAP [Read Order]")
![Income Tax Deduction not allowable to Professional and Consultancy Charges paid for Acquisition of Companies: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Income-Tax-Deduction-Professional-Charges-Consultancy-Charges-Acquisition-of-Companies-ITAT-Taxscan.jpg "Income Tax Deduction not allowable to Professional and Consultancy Charges paid for Acquisition of Companies: ITAT [Read Order]")
![Vijaya Bank Employees Ho. Co-op. Society entitled to claim of deduction of Interest Expenditure being amount paid to its members: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Vijaya-Bank-Employees-Ho.-Co-op.Society-interest-expenditure-ITAT-Taxscan.jpeg "Vijaya Bank Employees Ho. Co-op. Society entitled to claim of deduction of Interest Expenditure being amount paid to its members: ITAT [Read Order]")
Relief to Infosys: ITAT directs AO to re-consider disallowance to TDS Credit of Rs. 29.7 Lakhs [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench has revised its earlier order passed in December 2020 since the issue of disallowance of TDS credit was not considered in the said order,...
![Relief to Infosys: ITAT directs AO to re-consider disallowance to TDS Credit of Rs. 29.7 Lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/ITAT-Bangalore-Infosys-ITAT-AO-TDS-Credit-Taxscan.jpeg "Relief to Infosys: ITAT directs AO to re-consider disallowance to TDS Credit of Rs. 29.7 Lakhs [Read Order]")
No TDS deductible on Amounts paid to Non-Resident Manufacturers for Resale or Use of Computer Software: ITAT [Read Order]
The Income Tax Appellate Appellate Tribunal (ITAT), Bangalore Bench no TDS deductible on amounts paid to non-resident manufacturers for resale or use of computer software. The assessee, Autodesk...
![No TDS deductible on Amounts paid to Non-Resident Manufacturers for Resale or Use of Computer Software: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/TDS-non-resident-manufacturers-computer-software-ITAT-Taxscan.jpg "No TDS deductible on Amounts paid to Non-Resident Manufacturers for Resale or Use of Computer Software: ITAT [Read Order]")
![Section 10A deductions to be made from Gross Total Income and not from Total Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Section-10A-deductions-Gross-Total-Income-Total-Income-ITAT-Taxscan.jpeg "Section 10A deductions to be made from Gross Total Income and not from Total Income: ITAT [Read Order]")
Long Term Capital Loss to be computed from Date of Possession of Property and not after Occupancy Certificate: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that long term capital loss to be computed from the Date of possession of Property and not after the occupancy certificate. The...
![Long Term Capital Loss to be computed from Date of Possession of Property and not after Occupancy Certificate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Long-term-capital-loss-Date-of-possession-of-Property-occupancy-certificate-ITAT-Taxscan.jpg "Long Term Capital Loss to be computed from Date of Possession of Property and not after Occupancy Certificate: ITAT [Read Order]")
![Relief to Lifestyle International: ITAT deletes the disallowance on Professional Fee [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Lifestyle-International-ITAT-disallowance-on-professional-fee-Taxscan.jpeg "Relief to Lifestyle International: ITAT deletes the disallowance on Professional Fee [Read Order]")
Tax Benefit cannot be denied due to Ignorance in mentioning the details of Exemption in the Income Tax Returns: ITAT [Read Order]
“The object of assessment is to determine correct total income of the assessee. Accordingly, I am of the view that the right of the assessee could not be denied merely on accounting of technical...
![Tax Benefit cannot be denied due to Ignorance in mentioning the details of Exemption in the Income Tax Returns: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Tax-Benefit-Ignorance-Exemption-Income-Tax-Returns-ITAT-Taxscan.jpg "Tax Benefit cannot be denied due to Ignorance in mentioning the details of Exemption in the Income Tax Returns: ITAT [Read Order]")
Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore bench, upheld an order of the first appellate authority where the CIT(A) deleted a penalty order imposing Rs. 5000 on a Company for non-furnishing...
![Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Delay-filing-of-Income-Tax-Return-Financial-Difficulties-ITAT-Penalty-taxscan.jpg "Delay in filing of Income Tax Return due to Financial Difficulties: ITAT quashes Penalty [Read Order]")