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.
Trust Created for Benefit of Particular Community or Religious Group cannot be granted registration U/s. 12A
Disallowance u/s 14A unsustainable in absence of exempt income
Holding period of property registered and Re-registered subsequently will be counted from that date of original registration
Mere Provision not eligible for Adjustment against Book Profit it must be Ascertained Liability
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
Loss from share forfeiture is Loss from business if Assessee is a Share Trader
Subsidy for setting up industries to generate employment not to be adjusted against cost of depreciable assets
Sec. 80C Allowable on Principal Loan Payment for residential Flat irrespective of use
Wealth Tax not payable on Assets already sold & considered in capital gain Tax
Depreciation on Printers, UPS, Scanners, Cash dispenser Hardware & ATM Switch
Income from share transaction on daily basis is business Income
Trade association established for serving common interest of a particular trade eligible for registration u/s 12AA
Deduction U/s. 80-IA allowable on amount disallowed U/s. 43B
All apartments received under development agreement would become one house for claim of section 54F/54
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.
