![Relief to Toyota: ITAT deletes Addition of 7.5 cr as TP Adjustments [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Toyota-ITAT-TP-Adjustments-taxscan.jpeg "Relief to Toyota: ITAT deletes Addition of 7.5 cr as TP Adjustments [Read Order]")
Relief to Toyota: ITAT deletes Addition of 7.5 cr as TP Adjustments [Read Order]
The Income Tax Appellate Tribunal, (ITAT) Bangalore bench has granted relief to Toyota by deleting the addition of 7.5 crores as Transfer Pricing...
![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]")
![Depreciation not allowable for Expenditure availed on Professional or Legal Services which don’t create Commercial Right: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Depreciation-Expenditure-professional-legal-services-ITAT-taxscan.jpg "Depreciation not allowable for Expenditure availed on Professional or Legal Services which don’t create Commercial Right: ITAT [Read Order]")
![Nature of Trust cannot be treated as Religious when There is No distinction between Caste, Creed, Race, or Religion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Religious-Caste-Creed-Race-Religion-ITAT-taxscan.jpg "Nature of Trust cannot be treated as Religious when There is No distinction between Caste, Creed, Race, or Religion: ITAT [Read Order]")
![Capital Gain Exemption allowable on Amount spent on Interiors, Renovation, Furnishing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Capital-Gain-Exemption-Amount-Interiors-Renovation-ITAT-taxscan.jpg "Capital Gain Exemption allowable on Amount spent on Interiors, Renovation, Furnishing: ITAT [Read Order]")
Right to Receive Builtup Area under JDA; ITAT directs AO to Examine Entire Gain has to be considered as Long-Term Capital Gain [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) with respect to the right to receive built-up area under the Join Development Agreement has directed Assessing Officer to examine the...
![Right to Receive Builtup Area under JDA; ITAT directs AO to Examine Entire Gain has to be considered as Long-Term Capital Gain [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/JDA-ITAT-AO-Long-Term-Capital-Gain-Taxscan.jpg "Right to Receive Builtup Area under JDA; ITAT directs AO to Examine Entire Gain has to be considered as Long-Term Capital Gain [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...
![TDS not applicable to contribution made to conduct Horse Racing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/TDS-horse-racing-ITAT-Taxscan.jpg "TDS not applicable to contribution made to conduct Horse Racing: ITAT [Read Order]")
Amended Provisions relating to Income Tax Deduction towards Contribution towards ESI and PF not applicable to AY 2018-19: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that the amended provisions of section 43B and 36(1)(va) of the Income Tax Act, 1961 relating to employees’ contribution...
![Amended Provisions relating to Income Tax Deduction towards Contribution towards ESI and PF not applicable to AY 2018-19: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Amended-Provisions-Deduction-Contribution-ESI-and-PF-AY-ITAT-Taxscan.jpeg "Amended Provisions relating to Income Tax Deduction towards Contribution towards ESI and PF not applicable to AY 2018-19: ITAT [Read Order]")
Employees’ contribution to PF and ESI made prior to filing of Income Tax Return allowable as Deduction: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) held that the payment towards employees’ contribution to PF and ESI provided that the payments were made prior to the due date of...
![Employees’ contribution to PF and ESI made prior to filing of Income Tax Return allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/12/Employee-PF-ESI-Income-Tax-Returns-Deduction-ITAT-Taxscan.jpeg "Employees’ contribution to PF and ESI made prior to filing of Income Tax Return allowable as Deduction: ITAT [Read Order]")
![ITAT remits the matter to AO on issue of non-grant of Depreciation on Goodwill [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-non-grant-depreciation-goodwill-taxscan.jpeg "ITAT remits the matter to AO on issue of non-grant of Depreciation on Goodwill [Read Order]")
![ITAT restores matter to AO to determine Deduction of Business Income and Interest Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/ITAT-AO-deduction-of-business-income-interest-income-Taxscan.jpg "ITAT restores matter to AO to determine Deduction of Business Income and Interest Income [Read Order]")