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
![Sharing of Cost b/w Husband and Wife Irrelevant for S. 54F: ITAT Denies Capital Gain Exemption to Wife since Husband is Legal Owner as per Sale Deed [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Sharing of Cost b/w Husband and Wife Irrelevant for S. 54F: ITAT Denies Capital Gain Exemption to Wife since Husband is Legal Owner as per Sale Deed [Read Order]")
Sharing of Cost b/w Husband and Wife Irrelevant for S. 54F: ITAT Denies Capital Gain Exemption to Wife since Husband is Legal Owner as per Sale Deed [Read Order]
While hearing the case between Raghuram P Nambyar and Assistant Commissioner of Income Tax, Bangalore bench of Income Tax Appellate Tribunal (ITAT)...
![Fact that Developer required to Layout Roads and undertake other activities before Delivery of Completed Sites would not make Agreement a “Works Contract”: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Service-Tax-Construction-Taxscan.jpg "Fact that Developer required to Layout Roads and undertake other activities before Delivery of Completed Sites would not make Agreement a “Works Contract”: ITAT [Read Order]")
![Reclassification of Discounts and Marketing Expenses as Capital Expenditure: ITAT Asks Flipkart to pay 55 crores for Stay [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/03/Flipkart-Tax-Scan.jpg "Reclassification of Discounts and Marketing Expenses as Capital Expenditure: ITAT Asks Flipkart to pay 55 crores for Stay [Read Order]")
![Hospital isn’t an ‘Industrial Undertaking’ for the purpose of Carry Forward of Unabsorbed Depreciation in case of Amalgamation: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/02/Hospital.jpg "Hospital isn’t an ‘Industrial Undertaking’ for the purpose of Carry Forward of Unabsorbed Depreciation in case of Amalgamation: ITAT [Read Order]")
![Payments made by IBM India to IBM Singapore for Purchase of Shrink Wrapped/ Off the Shelf Software is ‘Royalty’: ITAT confirms Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/IBM-Taxscan.jpg "Payments made by IBM India to IBM Singapore for Purchase of Shrink Wrapped/ Off the Shelf Software is ‘Royalty’: ITAT confirms Penalty [Read Order]")
![Bangalore ITAT grants Stay to Vodafone on payment of 15 Crores [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Vodafone-Cenvat-Credit-Taxscan.jpg "Bangalore ITAT grants Stay to Vodafone on payment of 15 Crores [Read Order]")
ITAT Rejects Plea for Set Off of Unabsorbed Depreciation since Hospitals can’t be treated as an Industrial Undertaking [Read Order]
The Bangalore bench of Income Tax Appellate Tribunal recently rejected the plea for setting off of unabsorbed depreciation since Hospitals can’t be treated as an industrial undertaking for the purpose...
![ITAT Rejects Plea for Set Off of Unabsorbed Depreciation since Hospitals can’t be treated as an Industrial Undertaking [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Hospital-Taxscan.jpg "ITAT Rejects Plea for Set Off of Unabsorbed Depreciation since Hospitals can’t be treated as an Industrial Undertaking [Read Order]")
Interest Expenditure on Borrowed Funds is not allowable since Assessee deposited the same in Banks as FDs: ITAT [Read Order]
Bangalore bench of Income Tax Appellate Tribunal (ITAT) recently held that the interest expenditure on borrowed funds is not allowable under the provisions of the Income Tax Act since the same was not...
![Interest Expenditure on Borrowed Funds is not allowable since Assessee deposited the same in Banks as FDs: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Interest-Taxscan.jpg "Interest Expenditure on Borrowed Funds is not allowable since Assessee deposited the same in Banks as FDs: ITAT [Read Order]")
Credit Co-Operative Society Providing Credit Facilities to its Members is Eligible for Sec 80P Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal Bangalore bench while dismissing revenues appeal recently ruled that Credit co-operative society engaged in providing credit facilities, etc., to its members is...
![Credit Co-Operative Society Providing Credit Facilities to its Members is Eligible for Sec 80P Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Credit-Co-Operative-Society-Taxscan.jpg "Credit Co-Operative Society Providing Credit Facilities to its Members is Eligible for Sec 80P Deduction: ITAT [Read Order]")
![Mere Mention of Wrong Section would not make Assessment Order Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Mere Mention of Wrong Section would not make Assessment Order Invalid: ITAT [Read Order]")
Rental Income received by Infosys fom Its Subsidiary and BSNL constitute Profits from undertaking, Eligible for IT Deduction: ITAT [Read Order]
While granting tax relief to Infosys, Bangalore bench of the Income tax Appellate Tribunal held that the rental income received from Infosys BPO Limited and BSNL, Chennai are eligible for income tax...
![Rental Income received by Infosys fom Its Subsidiary and BSNL constitute Profits from undertaking, Eligible for IT Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Infosys-Taxscan.jpg "Rental Income received by Infosys fom Its Subsidiary and BSNL constitute Profits from undertaking, Eligible for IT Deduction: ITAT [Read Order]")
Interest on Deposits made out of Share Application Money during the Period of Construction of Plant is not Taxable: ITAT [Read Order]
The interest received on deposits made out of share application money during the period of construction of plant constitutes capital receipt and therefore, is not taxable under the provisions of the...
![Interest on Deposits made out of Share Application Money during the Period of Construction of Plant is not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Interest on Deposits made out of Share Application Money during the Period of Construction of Plant is not Taxable: ITAT [Read Order]")