ITAT Deletes Section 270A Penalty as AO Failed to Specify Charge of Misreporting under Income Tax Act

ITAT Deletes Section 270A Penalty as AO Failed to Specify Charge of Misreporting under Income Tax Act The Income Tax […]

ITAT Holds A Taxpayer Must Be Granted Minimum 7-Day Time Limit to Respond A Section 148(b) Notice

ITAT Holds A Taxpayer Must Be Granted Minimum 7-Day Time Limit to Respond A Section 148(b) Notice The ITAT Bangalore […]

ITAT Holds Business Turnover Cannot Be Treated as Unexplained Money Without Proper Verification

ITAT Holds Business Turnover Cannot Be Treated as Unexplained Money Without Proper Verification The Income Tax Appellate Tribunal (ITAT) Bangalore […]

ITAT Rules GST Refund Is Not Taxable Income; Deletes Rs 2.34 Crore Addition on Recovery-of-Asset Principle

ITAT Rules GST Refund Is Not Taxable Income; Deletes Rs 2.34 Crore Addition on Recovery-of-Asset Principle The ITAT Bangalore deleted […]

ITAT Allows Mine Development Expenses as Revenue Expenditure Under Section 37

ITAT Allows Mine Development Expenses as Revenue Expenditure Under Section 37 The Bangalore Bench of the Income Tax Appellate Tribunal […]

Civil Contractor Faced Rs. 1.51 Crore Addition After AO Applied 10% Profit Rate on Rs. 26.94 Crore Receipts; ITAT Orders Fresh Examination and 8% Profit Estimation

Civil Contractor Faced Rs. 1.51 Crore Addition After AO Applied 10% Profit Rate on Rs. 26.94 Crore Receipts; ITAT Orders […]

Property Buyer Missed Multiple Notices, Faced Rs. 1.26 Crore Addition; ITAT Restores Case for Re-examination

Property Buyer Missed Multiple Notices, Faced Rs. 1.26 Crore Addition; ITAT Restores Case for Re-examination The ITAT Bangalore has set […]

Late ITR Filing Bars Rs 83.89 Lakh Section 80P Deduction Despite Return Filed Under Section 148

ITAT: Late ITR Filing Bars Rs 83.89 Lakh Section 80P Deduction Despite Return Filed Under Section 148 The ITAT Bangalore […]

ITAT Grants Section 80P Tax Relief to Co-operative Society

ITAT Grants Section 80P Tax Relief to Co-operative Society In a major relief for the cooperative credit sector, the Income […]

ITAT Bangalore Says a Genuine Form 10 Mistake Cannot Defeat Section 11 Tax Exemption

ITAT Bangalore Says a Genuine Form 10 Mistake Cannot Defeat Section 11 Tax Exemption The ITAT Bangalore Bench has granted […]