![Assessee could not Produce Evidence before Tribunal due to Judicial Custody: ITAT sets aside Addition of Bank Credits to Income Tax [Read Order]](https://images.taxscan.in/h-upload/2025/07/16/500x300_2064490-assessee-could-not-produce-evidence-produce-evidence-evidence-produce-evidence-before-tribunal-due-taxscan.webp "Assessee could not Produce Evidence before Tribunal due to Judicial Custody: ITAT sets aside Addition of Bank Credits to Income Tax [Read Order]")
Assessee could not Produce Evidence before Tribunal due to Judicial Custody: ITAT sets aside Addition of Bank Credits to Income Tax [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has set aside additions made on account of cash deposits and bank credits for...
![Additions u/s 153A for Unabated Years Set Aside in Absence of Incriminating Material: ITAT Remands as Assessee was under Judicial Custody [Read Order]](https://images.taxscan.in/h-upload/2025/07/16/250x150_2064489-judicial-custody-incriminating-material-itat-remands-taxscan.webp "Additions u/s 153A for Unabated Years Set Aside in Absence of Incriminating Material: ITAT Remands as Assessee was under Judicial Custody [Read Order]")
![FTC Claim Not Denied Despite Delay as Filing of Form 67 Held Directory, Not Mandatory: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/13/250x150_2063353-ftc-claim-despite-delay-filing-form-67-directory-mandatory-itat-taxscan.webp "FTC Claim Not Denied Despite Delay as Filing of Form 67 Held Directory, Not Mandatory: ITAT [Read Order]")
![NHAI Grant Not Deductible from Project Cost: ITAT Upholds Deletion of ₹43.43 Crore Depreciation Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/07/09/250x150_2062044-itat-hyderabad-disallowance-taxscan.webp "NHAI Grant Not Deductible from Project Cost: ITAT Upholds Deletion of ₹43.43 Crore Depreciation Disallowance [Read Order]")
![Form 67 Filed in Time Under Amended R. 128(9): ITAT Allows ₹49.65 Lakh FTC [Read Order]](https://images.taxscan.in/h-upload/2025/07/04/250x150_2059130-foreign-tax-credit-form-67-filing-ftc-taxscan.webp "Form 67 Filed in Time Under Amended R. 128(9): ITAT Allows ₹49.65 Lakh FTC [Read Order]")
Taxpayer's Statement Validates Dumb Document Found During Search: ITAT Upholds Unexplained Investment Addition [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) upheld the addition of Rs. 25 lakhs as unexplained investment based on the document found during search and rejected the claim of...
![Taxpayers Statement Validates Dumb Document Found During Search: ITAT Upholds Unexplained Investment Addition [Read Order]](https://images.taxscan.in/h-upload/2025/06/29/500x300_2056267-taxpayer-dumb-document-itat-unexplained-investment-addition-taxscan.webp "Taxpayers Statement Validates Dumb Document Found During Search: ITAT Upholds Unexplained Investment Addition [Read Order]")
Only Registered Sale Agreements Eligible of Capital Gain Exemption u/s 54: ITAT says Unregistered Agreement Lacks Evidentiary Value
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that purchase of property via unregistered sale agreement is not a valid transfer to claim exemption under Section 54 of the...
Two Income Tax Notice issued by CIT(A) in one Week amounts to Gross Violation of Opportunity to respond: ITAT Allows appeal of Geovista Technology LTD [Read Order]
In a recent case, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) viewed that two income tax notices issued by the Commissioner of Income Tax (CIT(A)) in one week amount to gross...
![Two Income Tax Notice issued by CIT(A) in one Week amounts to Gross Violation of Opportunity to respond: ITAT Allows appeal of Geovista Technology LTD [Read Order]](https://images.taxscan.in/h-upload/2025/06/25/500x300_2054151-geovista.webp "Two Income Tax Notice issued by CIT(A) in one Week amounts to Gross Violation of Opportunity to respond: ITAT Allows appeal of Geovista Technology LTD [Read Order]")
ITAT Quashes Assessment Orders on Grounds of Invalid Special Audit Reference: Allows Appeals of Legal Heirs [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has quashed assessment orders passed against late Laxman Rao Banapuram for the assessment years 2014–15 and 2015–16, holding that the ...
![ITAT Quashes Assessment Orders on Grounds of Invalid Special Audit Reference: Allows Appeals of Legal Heirs [Read Order]](https://images.taxscan.in/h-upload/2025/06/24/500x300_2053605-itat-assessment-order-taxscan.webp "ITAT Quashes Assessment Orders on Grounds of Invalid Special Audit Reference: Allows Appeals of Legal Heirs [Read Order]")
![SATYAM SCAM: ITAT Orders Fresh Assessment for Tech Mahindra based on Telangana HC Verdict [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/SATYAM-SCAM-ITAT-ITAT-Orders-Fresh-Assessment-taxscan.jpg "SATYAM SCAM: ITAT Orders Fresh Assessment for Tech Mahindra based on Telangana HC Verdict [Read Order]")
Interest on Fixed Deposits Not Business Income: ITAT upholds 10AA Deduction Denial for SEZ unit [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the denial of deduction under Section 10AA to a Special Economic Zone (SEZ) unit, ruling that interest income earned from...
![Interest on Fixed Deposits Not Business Income: ITAT upholds 10AA Deduction Denial for SEZ unit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/interest-ITAT-Fixed-Deposits-taxscan.jpg "Interest on Fixed Deposits Not Business Income: ITAT upholds 10AA Deduction Denial for SEZ unit [Read Order]")