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.
No Section 194C TDS on Hire Charges if not satisfies threshold limit of Rs. 20000
No penalty for difference of opinion on treatment of rental income
No liability on Managing Director for unaccounted income of company
No addition could be made merely on basis of seized excel sheet which was a mere dumb document
In absence of jurisdiction CIT cannot withdraw Section 10(23C)(vi) exemption
Exchange difference as on date of balance sheet is allowable
No disallowance can be made merely for Investment in Penny Stock
ITAT deletes addition made for non-production of audited books
CIT can invoke Revisional Jurisdiction only if Assessment is erroneous & causing prejudice to interest of revenue
ITAT accepts 50% of Marriage Gifts as Source of Cash Deposit
Surrogacy charges paid to surrogate mothers not liable to TDS u/s 194J & liable to TDS U/s. 194C
AO to communicate if case falls under Limited or Complete Scrutiny
PF & ESI contribution allowable if Paid before Tax return due date
ITAT accepts claim of mutuality on transfer fee but not on interest on investments
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.
