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Shri. Sargod Venkatappa Gowda Subramanya vs. ITO

ITA No.2297/Bang/2024Income Tax Appellate Tribunal, 'B' Bench, Bangalore16 Jan 2025

The Income Tax Department observed that the assessee, Shri. Sargod Venkatappa Gowda Subramanya, had not filed a return of income under section 139(1) of the Act despite depositing cash in various bank accounts and undertaking purchase and s

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Mr. Kallappa Shadakshari Vs. The Income Tax Officer

ITA No. 108/Bang/2025Income Tax Appellate Tribunal, ‘A’ Bench: Bangalore30 Jan 2025

This is an appeal filed by Mr. Kallappa Shadakshari against the order passed by the NFAC, Delhi for the assessment year 2016-17. The assessee reported interest income on loans extended to relatives and claimed bad debts corresponding to the

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Monappa S Shetty Vs. The Income Tax Officer

ITA No. 2066/Bang/2024INCOME TAX APPELLATE TRIBUNAL ‘A’ BENCH: BANGALORE24 Jan 2025

This is an appeal filed by the assessee, Monappa S Shetty, against the order passed by the NFAC, Delhi dated 28/08/2024 for the assessment year 2016-17. During the proceedings, the Authorized Representative (AR) of the Assessee submitted th

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M/s. Meerams Overseas Pvt. Ltd. vs. The Income Tax Officer

ITA No.1975/Bang/2024Income Tax Appellate Tribunal, 'B' Bench, Bangalore6 Jan 2025

The assessee, M/s. Meerams Overseas Pvt. Ltd., sold a property on 07.02.2015 for Rs.1,25,00,000. The property was purchased on 21.06.2004 for Rs.25,97,466. The assessee claimed an indexed cost of acquisition of Rs.58,49,710 and a further co

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Irene Pereira vs. ITO, Ward–1 & TPS

ITA No. 2273/Bang/2024INCOME TAX APPELLATE TRIBUNAL, ‘C’ BENCH: BANGALORE6 Jan 2025

The assessee, Irene Pereira, is a Non-Resident Indian (NRI) working as a Nurse in Kuwait Oil Company (K.O.C.) since 1996. She did not file her return of income for the Assessment Year 2016-17. The Department had information that she purchas

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