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.
Reimbursement of salary to deputed personnel of other companies would not attract TDS
Section 53A- ‘Willingness to perform’ is key factor to tax transfer
Section 10A deduction can be claimed by filing revised return u/s. 139(5)
Income from sale of Agricultural Land to Real Estate Company is Business Income
Deduction u/s 54F available for flat purchased in minor daughters name
Exemption u/s. 11 cannot be denied for non -registration under other statue
Fees for ‘routine technical repairs’ not assessable as ‘fees for technical services’
If assessee advanced to sister concerns or others without interest for no business purpose, interest to that extent to be disallowed
Inordinate delay in filing appeal cannot be condoned without sufficient or good reason
In land development agreement, capital gain arises in year in which developer gets possession of property
Deduction under section 54F available on construction of building
Land given for development is ‘transfer’ – ITAT rejects ‘Not transferred but only given for development’ plea
Deduction U/s. 80(IB)(10) can be claimed on profit computed under partial project completion method
S. 2(47)(v) Possession need not necessarily be sole & exclusive
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.
