While allowing the appeal of Doddapaneni Atchaiah, Hyderabad bench of Income Tax Appellate Tribunal (ITAT) ruled that the expenses incurred for cancellation and re-registration of the property should be considered as a part of the

The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the survival benefit of Rs. 2.25 lakhs on death of his father received by him was an exempt income under Section 10(10D)

The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has recently remanded the file for a fresh decision to the file of the Assessing Officer to decide in accordance with the outcome of the

The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has recently, in an appeal filed before it, held that deduction u/s 54F is not allowable, if assessee has more than a residential house at the time

The Income Tax Appellate Tribunal ( ITAT ), Hyderabad Bench, has recently, in an appeal filed before it, held that capital gain exemption under section 54F cannot be allowed for sale and purchase of plots.

The Income Tax Appellate Tribunal ( ITAT ), Hyderabad Bench, has recently, in an appeal filed before it, imposed a cost of Rs 10,000, on non-compliance of notices and non-furnishing of evidence, even after five

The Income Tax Appellate Tribunal ( ITAT ), Hyderabad Bench, has recently, in an appeal filed before it, held that TDS Credit cannot be Denied when Form 26AS along with Reconciliation of Income as per

The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has recently, in an appeal filed before it, held that FTC cannot be denied, if requirements of rule 128(9) of the income tax rules are not violated.

The Income Tax Appellate Tribunal ( ITAT ), Hyderabad Bench, has recently, in an appeal filed before it, held that late fee and interest in respect of the TDS statements cannot be levied prior to

The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has recently, in an appeal filed before it, held that payment to contract teachers does not amount to ‘Fee for Professional Services’, and therefore that TDS u/s

In a recent ruling in ITO v. M/s. Amardeep Textiles, the Hyderabad ITAT ruled that s. 40(a)(ia) of the Income Tax Act can be invoked only in case of expenditure which are incurred and payable

The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has recently, in an appeal filed before it, held that payment to contract teachers does not amount to ‘Fee for Professional Services’, and therefore that TDS u/s

In a recent ruling, the Hyderabad ITAT observed that when a Holding Company transfers its land to its 100% subsidiary company, it can be treated as a ‘transfer’ for the purpose of assessing as Capital

In Sudhir Naik HUF and others vs. Income Tax Officer, the Hyderabad ITAT held that all apartments received under a development agreement would become one house for the purpose of granting exemption under section 54F

While allowing the appeal filed by the assessee Hyderabad bench of Income Tax Appellate Tribunal (ITAT) recently held that purchase and sale through stock exchange cannot be treated as bogus when the transaction is evident