Courts: ITAT Hyderabad
1,142 articlesIncome Tax
Income Tax
No penalty for failure to get books audited for Bonafide belief of non-applicability of Audit
Income Tax
Income Tax
No further addition if books are rejected and ad hoc addition been made
Income Tax
Income Tax
Section 292BB cannot cure jurisdictional error; Time-barred Notice cannot be deemed as valid
Income Tax
Income Tax
In case of rejection of books only AO can made addition only by way of Income estimation
Income Tax
Income Tax
Letting of Marriage / Cultural Hall by Trust is not a ‘Commercial Activity’ if main object is Charity
Income Tax
Income Tax
Shares acquired from overseas investors are also foreign exchange assets u/s 115E
Income Tax
Income Tax
No disallowance U/s. 40(a)(ia) for Payment to resident without TDS if he paid tax on such income
Income Tax
Income Tax
Hyderabad Cricket Association allowed to claim exemption u/s. 11
Income Tax
Income Tax
Deduction u/s 54F on more than one residential flats received by virtue of a development agreement is allowable
Income Tax
Income Tax
Exemption U/s. 11 cannot be Disallowed in toto for Voluntary Donations
Income Tax
Income Tax
Sec. 54 ITAT allows capital gain exemption despite investment in Term Deposit A/c Instead of Capital Gain Scheme A/c
Income Tax
Income Tax
Section 194H: TDS not applicable on Bank guarantee commission
Income Tax
Income Tax
Compounding fee for permissible deviation of building plan is allowable
Income Tax
Income Tax
