Read all Latest Updates on and about ITAT Hyderabad

Top

Begin typing your search above and press return to search.

Home
»
ITAT Hyderabad

Claim of Income Tax dues can’t be excessive than the Resolution Plan approved by NCLT: ITAT [Read Order]

Taxscan Team

The Income Tax Appellate Tribunal ( ITAT ) Hyderabad bench has held that the claim of Income tax dues can’t be more excessive than the resolution...

Goodwill Acquired under Slump Sale Agreement eligible for Depreciation: ITAT [Read Order]

Social Welfare Expenses incurred at Workplace and nearby Villages are allowable Deduction u/s 37(1):...

Income Tax leviable on Tuition Fee in the Year of Rendering of Services: ITAT [Read Order]

TDS Refund appeared in Form 26-AS cannot be denied to Assessee Even If the same is Effected during...

No bar for Registration of Society merely on ground of receiving Fund from Foreign Entity: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT) Hyderabad held that there is no bar for registration of a society even though it receives fund from foreign entity. The Bench consisted of K. Narsimha Chary,...

Mere Ignorance of Law cannot be a Reason to Quash Penalty Proceedings: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has held that mere ignorance of law cannot be a reason to quash penalty under the Income Tax Act, 1961. The assessee, an individual has...

Payment of Sponsorship Fee paid to eligible Women for their Lifetime Achievements can’t be treated as Business Expenditure: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has held that the payment of sponsorship fee paid to the eligible women for their lifetime achievements can’t be treated as business...

Penalty under Section 272A(2)(k) can’t be imposed merely for Delay in Filing Quarterly TDS Statement: ITAT grants relief to TSMSIDC [Read Order]

In a major relief to Telangana State Medical Services Infrastructure Development Corporation (TSMSIDC), the Income Tax Appellate Tribunal ( ITAT ) has ruled that the Penalty under Section 272A(2)(k)...

Data retrieved from Pen-drive can’t be sole basis for Income Tax Addition: ITAT [Read Order]

The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT), while deleting an addition made by the income tax authorities based on the data retrieved from the pen-drive and the admission by the...

ITAT allows Section 80P Deduction to Advocates Mutually Aided Co-op Societies despite Loans to Non-Agriculture Members [Read Order]

The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench allowed the Deduction under Section 80P of the Income Tax Act, 1961 to Co-operative Societies despite Loans to Non-Agriculture Members....

Relief to Monster.com: ITAT deletes Addition towards Unmatured Income [Read Order]

In the major relief to Monster.com, the Income Tax Appellate Tribunal (ITAT), Hyderabad Bench deleted the addition towards unmatured income. The revenue assailed the order of the CIT (A) in...

Prev Page Next Page