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.
Airport Authority isn’t a ‘municipality, Agricultural land situated within its jurisdiction is not a ‘capital asset’
TP – Super profit making or Restructured Companies cannot be taken as comparables for computing ALP
Recalling of order by Tribunal is not permissible u/s. 254(2)
Stamp value on the date of agreement to be reckoned for computing capital gains if registration is delayed bonafidely
Carbon Credits entitlement is capital receipt & can’t be taxed as a revenue receipt
Loss from trading in Shares to Dr. Reddy held as speculative in view of Explanation to S. 73
Bad debt written off not allowable if weren’t considered while computing income of earlier years
If Trust conducts marathon in commercial manner, then it cannot be said to be existing only for charitable purposes
S. 10A not restricts assessee from outsourcing of certain services necessary for producing an article or a thing
Commission paid to director cannot be allowed if no service been rendered
Order passed without application of mind or making requisite inquiries requires revision
Revisionary power u/s. 263 can be exercised on matters never raised by AO during assessment
Penalty imposable for Accepting cash Loan without reasonable cause
TPO not justified in rejecting computation of ALP made by assessee by applying CUP method if all comparables are fairly unrelated
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.
