Courts: ITAT Hyderabad
Find latest ITAT Hyderabad judgments, orders and case laws on income tax covering assessments, transfer pricing, deductions, capital gains, TDS, reassessment and penalties.
House gifted to father ‘Colorable device’; Denies Section 54F benefit rightly
Appeal barred by limitation as reasons for condonation doesn’t come under reasonable cause
Matter restored to CIT(A) and cost imposed for continuous non-compliance to notice of CIT(A)
Penalty cannot be cancelled for mere non-specification of limb under which penalty u/s 271(1)(c) is levied
Surcharge leviable in case of firm if its total income exceeds INR 1 crore
Delay of 988 days cannot be condoned on the basis of vague reason
Deduction u/s 54 of Income Tax Act not available on sale of vacant plot
Penalty for violation of section 269SS imposable only in year of violation
Appellate Authority needs to give reasonable opportunity to AO if additional evidence is admitted
Assessee doesn’t become US resident by mere securing house on rent in USA
Deduction u/s 54F not eligible as more than one residential property already owned
Payment for breach of contractual obligation pursuant to arbitration award allowable
Income of Company cannot be assessed under the head ‘salary’
Referring matter to valuation officer unjustified as books of accounts not rejected
ITAT Hyderabad judgments and orders cover a broad range of disputes under the Income-tax Act. This TaxGuru page brings together decisions involving assessments, business income, deductions, exemptions, capital gains, transfer pricing, international taxation, TDS, reassessment, unexplained income, penalties and procedural matters. Taxpayers, companies, Chartered Accountants, advocates and tax professionals can use the ITAT Hyderabad category to research relevant Tribunal precedents and monitor developments in direct tax litigation. The collection includes recent and significant earlier decisions published on TaxGuru, providing a useful resource for income-tax appellate research.
