![No Income Tax on Sale of Carbon Credits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Carbon-Credit-Taxscan.jpg "No Income Tax on Sale of Carbon Credits: ITAT [Read Order]")
No Income Tax on Sale of Carbon Credits: ITAT [Read Order]
The Bengaluru bench of the Income Tax Appellate Tribunal ( ITAT ) recently held that the Sale of Carbon Credits would not attract Income Tax as the...
![Non-Competent Fee paid is an Intangible Asset, Depreciation Allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Depreciation-Taxscan.jpg "Non-Competent Fee paid is an Intangible Asset, Depreciation Allowable: ITAT [Read Order]")
![Filing of Return before Due Date u/s 80AC is Mandatory, not Directory: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Return-Taxscan.jpg "Filing of Return before Due Date u/s 80AC is Mandatory, not Directory: ITAT [Read Order]")
![TDS applicable to Rent-Free Accommodation provided to Employees of Society: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Rent-Free-Accommodation-Taxscan.jpg "TDS applicable to Rent-Free Accommodation provided to Employees of Society: ITAT [Read Order]")
![Payment made for Acquiring Mining Rights is Capital Expenditure, No Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Capital-Expenditure-Taxscan.jpg "Payment made for Acquiring Mining Rights is Capital Expenditure, No Deduction: ITAT [Read Order]")
![Section 14A cannot be invoked when there is no Exempt Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Section 14A cannot be invoked when there is no Exempt Income: ITAT [Read Order]")
![ITAT Grants Interim Relief to Google, Asks to Deposit 179 Crores for Stay [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Google-India-Taxscan.jpg "ITAT Grants Interim Relief to Google, Asks to Deposit 179 Crores for Stay [Read Order]")
Interest Paid to Partner is Deductible if he is receiving Interest Income from Capital Contribution: ITAT Bengaluru [Read Order]
The Income Tax Appellate Tribunal, Bengaluru, last week held that if a partner is receiving interest upon the capital contributions made by him to the partner firm, then it is not liable to be taxed...
![Interest Paid to Partner is Deductible if he is receiving Interest Income from Capital Contribution: ITAT Bengaluru [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/05/Interest-Taxscan.jpg "Interest Paid to Partner is Deductible if he is receiving Interest Income from Capital Contribution: ITAT Bengaluru [Read Order]")
Provisions of ‘Deemed Dividend’ would attract if Loan / Advance was given for Sale of Property: ITAT Bengaluru [Read Judgment]
The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT), Bengaluru consisting of George George K and Jason P. Boaz has clarified the actions of the revenue in regarding treating of...
![Provisions of ‘Deemed Dividend’ would attract if Loan / Advance was given for Sale of Property: ITAT Bengaluru [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "Provisions of ‘Deemed Dividend’ would attract if Loan / Advance was given for Sale of Property: ITAT Bengaluru [Read Judgment]")
Remittance to Google Ireland by Google India for use of its ‘Adwords Programme’ is taxable as Royalty: Google Loses IT Case [Read Order]
A division bench of the Bengaluru ITAT, on Tuesday held that the distribution fee paid by Google India to Google Ireland for use of its ‘Adwords programme’ is taxable in India as ‘royalty’ under the...
![Remittance to Google Ireland by Google India for use of its ‘Adwords Programme’ is taxable as Royalty: Google Loses IT Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Google-Adwords.jpg "Remittance to Google Ireland by Google India for use of its ‘Adwords Programme’ is taxable as Royalty: Google Loses IT Case [Read Order]")
Interest Expenses on Advances received under Sub-Lease Agreement is not Allowable when there is Defect in Title: ITAT [Read Order]
The Bengaluru ITAT, on Wednesday, confirmed the disallowance of interest expenses claimed on advances received under sub-Lease agreement since there was a defect in the title of the assessee on the...