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.
If income is not chargeable to tax in India, tax is not required to be deducted u/s 195(1)
Initiation of Recovery Proceeding without before disposing stay application is invalid
Ownership of land not necessary for builder to claim deduction u/s. 80-IB(10)
Foreign travel expenditure on Pleasure Trip not allowable
Mere certain lapses & disallowances cannot be basis for denying exemption u/s.10(23C)
Loss due to Recession in Software Industry after 9/11 incident cannot be ignored in computing ALP
Share Trading is business activity if High volume, frequency, regularity & systematic
Sec. 80-IB deduction to SSI cannot be denied due to change in investment limit after registration
Section 40A(3) – Payment to milk producers in cash not disallowable
R&D expenditure which is approved by DSIR only would be eligible for weighted deduction
Developer following percentage completion method entitled to deduction u/s. 80-IB(10)
Sec. 80-IB(10) -If profit is taxed on POCM method, deduction to be allowed on same method
Income from trading in shares in regular manner, is income from business
Issue of notice to general power of attorney holder of assessee is valid
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.
