ITAT Hyderabad
Explore the latest ITAT Hyderabad judgments, orders, and appellate decisions on direct tax matters from the Hyderabad bench of the Income Tax Appellate Tribunal
![ITAT levies Cost of Rs 5000 to be Paid towards PMs Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/ITAT-ITAT-levies-Cost-PMs-Relief-Fund-Relief-Fund-Callous-Attitude-of-Ignoring-Notices-taxscan.jpg "ITAT levies Cost of Rs 5000 to be Paid towards PMs Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]")
ITAT levies Cost of Rs 5000 to be Paid towards PM's Relief Fund for Callous Attitude of Ignoring Notices of CIT(A) NFAC [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) has levied the cost of Rs 5000 to be paid towards Prime Minister’s relief fund for...
![Giving Opportunity to Produce Necessary Documents before AO for Verification would meet the ends of Justice: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/opportunity-to-produce-necessary-documents-AO-for-verification-would-meet-the-ends-of-justice-ITAT-TAXSCAN.jpg "Giving Opportunity to Produce Necessary Documents before AO for Verification would meet the ends of Justice: ITAT [Read Order]")
![Imposition of Penalty u/s 271(1) of Income Tax Act cant be made without Proper Record of Satisfaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Imposition-Penalty-Imposition-of-Penalty-Income-Tax-Act-ITAT.jpg "Imposition of Penalty u/s 271(1) of Income Tax Act cant be made without Proper Record of Satisfaction: ITAT [Read Order]")
![DCB Reports are relevant Evidence in respect of Non-existence of demand on Proper Payment of CST and VAT: ITAT allows to file ITR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/DCB-Reports-Evidence-Non-existence-of-demand-on-Proper-Payment-of-CST-VAT-CST-Proper-Payment-ITAT-allows-to-file-ITR-taxscan.jpg "DCB Reports are relevant Evidence in respect of Non-existence of demand on Proper Payment of CST and VAT: ITAT allows to file ITR [Read Order]")
![Not Enquiring Huge Cash Deposit in Demonetized Currency is Violation of Provisions Dealing in Demonetized Currency: ITAT upholds Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Huge-Cash-Deposit-Demonetized-Currency-Violation-of-Provisions-ITAT-upholds-Revision-Order-ITAT-Revision-Order-Income-Tax-taxscan.jpg "Not Enquiring Huge Cash Deposit in Demonetized Currency is Violation of Provisions Dealing in Demonetized Currency: ITAT upholds Revision Order [Read Order]")
Failure to explain Credit Card Payments with Supporting Documentary Evidence: ITAT Deletes partial Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT) Hyderabad Bench held that the assessee failed to explain the credit card payments with supporting documentary evidences. Hence, the bench deleted the partial...
![Failure to explain Credit Card Payments with Supporting Documentary Evidence: ITAT Deletes partial Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Failure-to-explain-Credit-Card-Payments-Supporting-Documentary-Evidence-ITAT-Deletes-partial-Addition-TAXSCAN.jpg "Failure to explain Credit Card Payments with Supporting Documentary Evidence: ITAT Deletes partial Addition [Read Order]")
![ITAT upholds Penalty levied u/s 271 of Income Tax Act due to non Compliance of Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ITAT-upholds-Penalty-levied-ITAT-Penalty-Income-Tax-Act-non-Compliance-of-Notice-Notice-Taxscan.jpg "ITAT upholds Penalty levied u/s 271 of Income Tax Act due to non Compliance of Notice [Read Order]")
Application for Permanent Registration Cannot be Rejected for Selecting Wrong Form while Filling Application: ITAT Restores Matter to CIT (E) [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) held that on account of the mistake committed by the assessee, while filing the application i.e. error in submitting the correct...
![Application for Permanent Registration Cannot be Rejected for Selecting Wrong Form while Filling Application: ITAT Restores Matter to CIT (E) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Application-Permanent-Registration-Rejected-Selecting-Wrong-Filling-Application-ITAT-Restores-CIT-E-TAXSCAN.jpg "Application for Permanent Registration Cannot be Rejected for Selecting Wrong Form while Filling Application: ITAT Restores Matter to CIT (E) [Read Order]")
No Disallowance of Deduction u/s 14A of Income Tax Act can be made if No Exempt Income is Earned by Assessee: ITAT [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) held that no disallowance under Section 14A of the Income Tax Act, 1961 can be made if the assessee had not earned any exempt income during...
![No Disallowance of Deduction u/s 14A of Income Tax Act can be made if No Exempt Income is Earned by Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/No-Disallowance-of-Deduction-Disallowance-Deduction-Income-Tax-Act-can-be-made-if-No-Exempt-Income-is-Earned-by-Assessee-Income-Tax-Act-No-Exempt-Income-is-Earned-by-Assessee-ITAT-Taxscan.jpg "No Disallowance of Deduction u/s 14A of Income Tax Act can be made if No Exempt Income is Earned by Assessee: ITAT [Read Order]")
Waiver of Principal Amount for Trading Purpose is Income of Assessee: ITAT Imposes Income Tax on Principal Amount [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) held that the waiver of the principal amount of Rs.14,89,99,689 which was taken for trading purposes and credited to the profit & loss...
![Waiver of Principal Amount for Trading Purpose is Income of Assessee: ITAT Imposes Income Tax on Principal Amount [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Waiver-of-Principal-Amount-for-Trading-Purpose-is-Income-of-Assessee-ITAT-Imposes-Income-Tax-on-Principal-Amount-ITAT-Income-Tax-on-Principal-Amount-Income-Tax-Income-of-Assessee-Taxscan.jpg "Waiver of Principal Amount for Trading Purpose is Income of Assessee: ITAT Imposes Income Tax on Principal Amount [Read Order]")
ITAT quashes Penalty imposed u/s 271D of Income Tax Act in Absence of Satisfaction in Assessment Order [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) held that a penalty can’t be imposed under Section 271D of the Income Tax Act, 1961 if there is no satisfaction in the assessment...
![ITAT quashes Penalty imposed u/s 271D of Income Tax Act in Absence of Satisfaction in Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Assessment-Order-passed-without-enquiry-Assessment-Order-CFS-Charges-Continental-Warehousing-Corporation-ITAT-Revision-Order-taxscan.jpg "ITAT quashes Penalty imposed u/s 271D of Income Tax Act in Absence of Satisfaction in Assessment Order [Read Order]")
Additional Income cannot be Treated as Unexplained Expenditure to Invoke Section 115BBE of Income Tax Act: ITAT [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) held that the additional income cannot be treated as unexplained expenditure under Section 69C of the Income Tax Act, 1961 to attract...
![Additional Income cannot be Treated as Unexplained Expenditure to Invoke Section 115BBE of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Additional-Income-Income-Additional-Income-cannot-be-Treated-Unexplained-Expenditure-Income-Tax-Act-ITAT-taxscan.jpg "Additional Income cannot be Treated as Unexplained Expenditure to Invoke Section 115BBE of Income Tax Act: ITAT [Read Order]")