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.
TDS not deductible on Shipment Charges Paid as Reimbursement U/S 194C
Advance received can’t be termed as a dividend U/s. 2(22)(e) when there was no accumulated profits available
All transactions in different bank accounts have to be taken in consideration while doing the Assessment
Reopening of Assessment u/s 147 cannot be allowed if there is any subsequent change in Law
Orders u/s 263 could be passed only after taking into consideration explanation offered by the Assessee
HUF will be treated as Relative u/s 56(2)(vi)
Deduction U/s. 10B is allowed only on “undertaking” not on “whole Business”
Current year income can’t be disturbed on account of difference in opening balance
Functionally Different Companies can’t be compared under transfer Pricing
Forex gains are eligible for deduction u/s 10B
Date of credit in books is actual date of recording credit entry for determining point of TDS deduction liability
Section 68- Trade credits cannot be taxed as unexplained cash credit
Non-compliance in respect of hived off part of project does not dis-entitle deduction under Section 80IB(10)
Broken period interest on purchase of securities is allowable as revenue expenditure
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.
