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
![Income Addition on Unexplained Expenditure is valid When Assessee fails to Explain the Source of Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Income-Addition-on-Unexplained-Expenditure-is-valid-When-Assessee-fails-to-Explain-the-Source-of-Expenditure-ITAT-TAXSCAN.jpg "Income Addition on Unexplained Expenditure is valid When Assessee fails to Explain the Source of Expenditure: ITAT [Read Order]")
Income Addition on Unexplained Expenditure is valid When Assessee fails to Explain the Source of Expenditure: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that income Addition on unexplained Expenditure is valid when assessee fails...
![Production and Sale of Tissue Culture Plants is Business Activity, Not Agricultural: ITAT Upholds Revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Production-Sale-Production-and-Sale-Tissue-Culture-Plants-Business-Activity-Agricultural-ITAT-taxscan.jpg "Production and Sale of Tissue Culture Plants is Business Activity, Not Agricultural: ITAT Upholds Revision [Read Order]")
![Leasing Land for conducting Research on Hybrid varieties does not amount to Contract Farming, not Taxable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Leasing-Land-Land-Contract-Farming-ITAT-taxscan.jpg "Leasing Land for conducting Research on Hybrid varieties does not amount to Contract Farming, not Taxable: ITAT [Read Order]")
![Addition of Unexplained Investment of Land is permissible in the absence of explanation by Cash Flow Statement: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Unexplained-Investment-of-Land-Cash-Flow-Statement-ITAT-taxscan.jpg "Addition of Unexplained Investment of Land is permissible in the absence of explanation by Cash Flow Statement: ITAT [Read Order]")
![FCCD are Debt: ITAT confirms benchmarking done by applying LIBOR plus 200 points [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/FCCD-Debt-ITAT-benchmarking-LIBOR-taxscan.jpg "FCCD are Debt: ITAT confirms benchmarking done by applying LIBOR plus 200 points [Read Order]")
![An Addition on Unexplained Deposit deleted without Valid Document is not allowable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Unexplained-Deposit-Document-ITAT-taxscan.jpg "An Addition on Unexplained Deposit deleted without Valid Document is not allowable: ITAT [Read Order]")
![Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Interest-Paid-TDS-Payment-Deduction-ITAT-TAXSCAN.jpeg "Interest Paid on Delayed TDS Payment is allowable as Deduction: ITAT [Read Order]")
![Income Tax Appeal not Maintainable during the pendency of IBC Proceedings: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Income-Tax-Appeal-IBC-Proceedings-ITAT-taxscan.jpg "Income Tax Appeal not Maintainable during the pendency of IBC Proceedings: ITAT [Read Order]")
Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that a bonafide action on the part of the co-operative bank not filing annual information report (AIR) will not attract...
![Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Bonafide-Action-Co-Operative-Bank-Penalty-ITAT-taxscan.jpeg "Bonafide Action of Non-Sharing of AIR by Co-Operative Bank u/s 271FA will not attract Penalty: ITAT [Read Order]")
Set off of Loss incurred in Share Trading by Directors with the Income of Company not valid: ITAT upholds Revisional Order [Read Order]
While upholding the revisional order, the Income Tax Appellate Tribunal (ITAT) Hyderabad bench has held that the set off of loss incurred in share trading by the directors with the income of the...
![Set off of Loss incurred in Share Trading by Directors with the Income of Company not valid: ITAT upholds Revisional Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/share-trading-income-ITAT-Revisional-order-taxscan.jpeg "Set off of Loss incurred in Share Trading by Directors with the Income of Company not valid: ITAT upholds Revisional Order [Read Order]")
Claims not part of Resolution Plan stands extinguished on Approval of Resolution Plan by Adjudicating Authority: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad held that claims not part of the resolution plan stands extinguished on approval of the resolution plan by Adjudicating Authority. The Counsels...
![Claims not part of Resolution Plan stands extinguished on Approval of Resolution Plan by Adjudicating Authority: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Adjudicating-Authority-ITAT-taxscan.jpeg "Claims not part of Resolution Plan stands extinguished on Approval of Resolution Plan by Adjudicating Authority: ITAT [Read Order]")
Capital Gain on Sale of ESOP offered to Tax as 'Perquisite' considering FMV: ITAT dismisses Appeal by Microsoft Veteran and Google Cloud India VP Anil Bhansali [Read Order]
In a major setback to the current Google Cloud India Vice President and former Microsoft employee, Mr. Anil Bhansali, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has dismissed an...
![Capital Gain on Sale of ESOP offered to Tax as Perquisite considering FMV: ITAT dismisses Appeal by Microsoft Veteran and Google Cloud India VP Anil Bhansali [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Capital-Gain-ESOP-FMV-ITAT-Microsoft-Veteran-Google-Cloud-India-VP-Anil-Bhansali-taxscan.jpeg "Capital Gain on Sale of ESOP offered to Tax as Perquisite considering FMV: ITAT dismisses Appeal by Microsoft Veteran and Google Cloud India VP Anil Bhansali [Read Order]")