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