Telangana High Court held that non-consideration of objection while passing order is breach of principles of natural justice and accordingly the order is liable to be set aside and matter is remitted back to original authority to re-hear and pass fresh order.
The petitioner raised bills on respondent No.4 based on the works executed from time to time, TDS @ 2% on the total value of the bills were recovered by respondent No.4 for the value of works executed in the State of Telangana and Maharashtra.
Telangana HC rules against Income Tax Dept for unlawful adjustment of TSI Business Parks’ refunds without prior notice and despite stay orders.
Telangana HC overturns CBDT’s refusal to reassess Satyam’s tax after fraud, citing genuine hardship and unlawful tax collection.
Telangana High Court addresses the validity of GST notices and orders without digital or physical signatures. Implications for GST compliance discussed.
Telangana High Court sets aside ITAT’s remand to CIT(A) in a penalty case, emphasizing the Tribunal’s duty as a final fact-finding body.
Telangana HC upholds cost of goods sold-based apportionment of common expenses over turnover for Prabhat Agri Biotech. Case emphasizes reasonable allocation methods.
Telangana High Court held that interest paid for broken period on securities held as stock-in-trade is allowable as deduction. Accordingly, petition filed by revenue dismissed and question answered in favour of respondent-assessee.
Telangana High Court quashes non-speaking income tax stay orders for AY 2022-23, remanding the case for fresh consideration per legal guidelines.
In the recent ruling HC of Telangana have held that assessee is eligible to claim capital gain after observing that the possession of the immovable property has not been handed over to the developer as contemplated u/s 53A of the Transfer of the Property Act, 1882.
