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If Employees' Contributions Are Not Paid Within Due Dates Specified Under PF Act, Then Employer Is Not Entitled To Deduction U/s 36(1)(Va): Bangalore ITAT

The Bangalore ITAT reiterated that the distinction between an employer s contribution which is its primary liability under law, in terms of Section 36(1)(iv), and its liability to deposit amounts. ....

Laxmi Prasad Sahu , Vinay Kulkarni , Apex Court , Checkmate Services Pvt , Accountant Member , Checkmate Services , Assessment Years ,

Payments Received Towards Interconnectivity Utility Charges From Indian Customers Is Not Royalty: ITAT

The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) has held that payments received by the assessee towards interconnectivity utility charges from Indian customers or end users cannot be. ....

Laxmi Prasad Sahu , Income Tax Appellate Tribunal , India The , Beena Pillai , Judicial Member , Accountant Member , Indian Customers , Nterconnectivity Utility Charges ,

Delivery Cost And Warranty Expenses Are Post Sales Activities Doesn't Form The Part Of AMP Expenditure For Amazon India: ITAT

The Bangalore Bench of Income Tax Appellate Tribunal (ITAT) has held that delivery costs and warranty expenses are not part of advertising, marketing, and promotion (AMP) expenditures.The bench of. ....

Laxmi Prasad Sahu , Ajay Vohra , Amazon Corporate Holdings Private , Bangalore Bench , Income Tax Appellate Tribunal , Vice President , Accountant Member , Amazon Corporate Holdings Private Limited , For Appellant ,

Statutory Scheme Permits Allowance Of Deduction U/s 80P Only If It Is Made In Return Filed Within Time Prescribed U/s 139(1): Bangalore ITAT

On finding that failure on the part of assessee to comply with the pre-condition for obtaining the deduction cannot be condoned either by the statutory authorities or by the courts, the Bangalore ITAT. ....

Laxmi Prasad Sahu , Sandeep Chalapathy , Kerala High Court , Income Tax Act , Vice President , Accountant Member , Co Operative Banks , Bangalore Itat , Statutory Scheme , Eduction Section 80p , Ime Prescribed ,