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
![Relief to Monster.com: ITAT deletes Addition towards Unmatured Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Monster.com-ITAT-unmatured-income-Taxscan.jpeg "Relief to Monster.com: ITAT deletes Addition towards Unmatured Income [Read Order]")
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...
![Income Tax Assessment order passed in Name of Deceased person void ab-initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Assessment-order-ITAT-Taxscan.jpg "Income Tax Assessment order passed in Name of Deceased person void ab-initio: ITAT [Read Order]")
![ITAT deletes Addition made on Pretext of Undisclosed Investments as No Independent Inquiry undertaken [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-Undisclosed-Investments-independent-inquiry-Taxscan.jpg "ITAT deletes Addition made on Pretext of Undisclosed Investments as No Independent Inquiry undertaken [Read Order]")
![Relief to Union Bank: ITAT quashes Income Tax Reassessment as No New Material brought on Record [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Union-Bank-of-India-ITAT-reassessment-taxscan.jpeg "Relief to Union Bank: ITAT quashes Income Tax Reassessment as No New Material brought on Record [Read Order]")
![ITAT upholds Addition on Account of Unaccounted Cash as no mention of Agricultural Land on Translated Document [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-unaccounted-cash-agricultural-land-translated-document-Taxscan.jpg "ITAT upholds Addition on Account of Unaccounted Cash as no mention of Agricultural Land on Translated Document [Read Order]")
Assessee not liable to pay Income Tax as property belongs to HUF of Assessee and not individual: ITAT [Read Order]
The Income Tax Appellate Tribunal(ITAT), Hyderabad Bench quashed the assessment order as property belongs to the HUF of assessee and not to the assessee individual. The Assessing Officer having...
![Assessee not liable to pay Income Tax as property belongs to HUF of Assessee and not individual: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Income-Tax-HUF-assessee-ITAT-assessment-order-taxscan.jpg "Assessee not liable to pay Income Tax as property belongs to HUF of Assessee and not individual: ITAT [Read Order]")
Joint Holder in Husband’s Salary Account cannot be classified as Undisclosed Foreign Account: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Hyderabad has dismissed an appeal by the revenue department wherein it ruled that being a joint account holder in husband’s Salary Account does not classify...
![Joint Holder in Husband’s Salary Account cannot be classified as Undisclosed Foreign Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Undisclosed-Foreign-Account-ITAT-Joint-Holder-Salary-Account-Taxscan.jpg "Joint Holder in Husband’s Salary Account cannot be classified as Undisclosed Foreign Account: ITAT [Read Order]")
Income to Owner of Land as per Development Agreement is Short-Term Capital Gain, Not Business Income: ITAT
While upholding the orders of the income tax authorities, the Income Tax Appellate Tribunal (ITAT), Hyderabad Bench upheld addition in respect of Short Term Capital Gains on account of development...
Assessee failed to discharge onus of proving Genuineness of Income from Undisclosed Sources: ITAT upholds addition of Rs.1.81 Cr [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench while upholding the addition of Rs.1.81 Crores observed that the assessee failed to discharge onus of proving the genuineness of income from...
![Assessee failed to discharge onus of proving Genuineness of Income from Undisclosed Sources: ITAT upholds addition of Rs.1.81 Cr [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/income-from-undisclosed-sources-ITAT-assesse-taxscan.jpeg "Assessee failed to discharge onus of proving Genuineness of Income from Undisclosed Sources: ITAT upholds addition of Rs.1.81 Cr [Read Order]")
Deduction u/s 80IA(4) granted in First Year can't be denied in Subsequent Years, Unless Change in Original Terms and Conditions: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench ruled that the deduction under section 80IA(4) granted in first year cannot be denied in subsequent years, unless change in original terms...
![Deduction u/s 80IA(4) granted in First Year cant be denied in Subsequent Years, Unless Change in Original Terms and Conditions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Deduction-original-terms-and-conditions-ITAT-Taxscan.jpg "Deduction u/s 80IA(4) granted in First Year cant be denied in Subsequent Years, Unless Change in Original Terms and Conditions: ITAT [Read Order]")
Encashment of Bank Guarantee is incurred in Normal Course of Business: ITAT deletes Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench while deleting the addition ruled that the encashment of bank guarantee is incurred in the normal course of business. The assessee, Ogene...
![Encashment of Bank Guarantee is incurred in Normal Course of Business: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/05/Encashment-of-bank-guarantee-normal-course-of-business-ITAT-taxscan.jpeg "Encashment of Bank Guarantee is incurred in Normal Course of Business: ITAT deletes Addition [Read Order]")