Courts: ITAT Hyderabad
1,142 articlesIncome Tax

Income Tax
Principle of mutuality cannot be denied simply because there are two categories of members as per bye-laws of society
Income Tax

Income Tax
Trust Created for Benefit of Particular Community or Religious Group cannot be granted registration U/s. 12A
Income Tax

Income Tax
Disallowance u/s 14A unsustainable in absence of exempt income
Income Tax

Income Tax
Holding period of property registered and Re-registered subsequently will be counted from that date of original registration
Income Tax

Income Tax
Mere Provision not eligible for Adjustment against Book Profit it must be Ascertained Liability
Income Tax

Income Tax
No addition U/s. 69 if Source of Funds was referable to Monies Pooled from Customers in the Form of Advances and Sales in Business
Income Tax

Income Tax
Loss from share forfeiture is Loss from business if Assessee is a Share Trader
Income Tax

Income Tax
Subsidy for setting up industries to generate employment not to be adjusted against cost of depreciable assets
Income Tax

Income Tax
Sec. 80C Allowable on Principal Loan Payment for residential Flat irrespective of use
Income Tax

Income Tax
Wealth Tax not payable on Assets already sold & considered in capital gain Tax
Income Tax

Income Tax
Depreciation on Printers, UPS, Scanners, Cash dispenser Hardware & ATM Switch
Income Tax

Income Tax
Income from share transaction on daily basis is business Income
Income Tax

Income Tax
Trade association established for serving common interest of a particular trade eligible for registration u/s 12AA
Income Tax

Income Tax
