ITAT Hyderabad Directs AO to Reassess Charitable Expenses with Evidence

Hyderabad Cricket Association Vs Joint Director of Income Tax (Exemptions) (ITAT Hyderabad) The Hyderabad Cricket Association (HCA) and the Revenue filed six cross-appeals before the ITAT Hyderabad for AYs 2008-09, 2010-11, and 2011-12, challenging the orders passed by CIT(A)-9, Hyderabad, dated 13-02-2015 and 05-03-2015, in case numbers 83, 0001, and 89/CIT(Ex)/CIT(A)-9/14-15. The appeals concerned proceedings under sections 143(3) read with 147 of the Income Tax Act, 1961. Both parties raised identical substantive grounds across the three assessment years. In the assessee’s appeals (ITA No...