![Transfer Pricing adjustment unwarranted u/s 92BA If Deduction Not claimed u/s 80IA: ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Transfer-Pricing-adjustment-adjustment-unwarranted-Deduction-Deduction-Not-claimed-section-80IA-taxscan.jpg "Transfer Pricing adjustment unwarranted u/s 92BA If Deduction Not claimed u/s 80IA: ITAT Deletes Addition [Read Order]")
Transfer Pricing adjustment unwarranted u/s 92BA If Deduction Not claimed u/s 80IA: ITAT Deletes Addition [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that where no deduction is claimed under Section 80IA of the Income Tax Act,...
![Taxpayer Not Property Owner, Only POA Holder: ITAT Remands Rs. 4.73 Crore LTCG Addition Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/LTCG.jpg "Taxpayer Not Property Owner, Only POA Holder: ITAT Remands Rs. 4.73 Crore LTCG Addition Matter [Read Order]")
![AO Adds Rs. 5.38 Lakh as Unexplained Cash Deposit: ITAT Confirms Rs. 48,000 Addition as Taxpayer Fails to Prove Source [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Unexplained-Cash-Deposits.jpg "AO Adds Rs. 5.38 Lakh as Unexplained Cash Deposit: ITAT Confirms Rs. 48,000 Addition as Taxpayer Fails to Prove Source [Read Order]")
![Disallowance of Depreciation on Goodwill: ITAT Upholds Claim as Intangible Asset Eligible u/s 32 [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ruling-Depreciation-on-goodwill-Goodwill-as-intangible-asset-taxscan-.jpg "Disallowance of Depreciation on Goodwill: ITAT Upholds Claim as Intangible Asset Eligible u/s 32 [Read Order]")
![Disallowance of Interest on Loan for Share Acquisition: ITAT Upholds Deduction as Business Expense [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Business-Expenses-.jpg "Disallowance of Interest on Loan for Share Acquisition: ITAT Upholds Deduction as Business Expense [Read Order]")
![Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Employees-PF-ESI-Contribution-PF-ESI-Contribution-Employees-PF-ESI-Contribution-Disallowed-PF-ESI-Contribution-Disallowed-ITAT-taxscan.jpg "Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]")
Lack of awareness of Income Tax assessment proceedings u/s 148: ITAT remands matter with penalty [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) remanded the matter directing the Commissioner of Income Tax (Appeals) [CIT(A)] to reconsider additional evidence for additions made...
![Lack of awareness of Income Tax assessment proceedings u/s 148: ITAT remands matter with penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Income-Tax-assessment-ITAT-remands-Income-Tax-assessment-proceedings-taxscan.jpg "Lack of awareness of Income Tax assessment proceedings u/s 148: ITAT remands matter with penalty [Read Order]")
AO adds Rs. 3.56 crore as Non disclosed transactions: ITAT restores matter for reconsideration to CIT(A) with penalty
The Hyderabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has restored the appeal to the Commissioner of Income Tax (Appeals) [CIT(A)] in an undisclosed transactions case with a penalty of...
![ITAT Upholds CIT(A)’s Deletion of S.14A Disallowance Due to No Exempt Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Exempted-Income.jpg "ITAT Upholds CIT(A)’s Deletion of S.14A Disallowance Due to No Exempt Income [Read Order]")
Discrepancy in Net Profit Figures: ITAT Quashes Pr. CIT’s Revision Order due to Prior AO Inquiry [Read Order]
The Hyderabad Bench of Income Tax Appellate Tribunal (ITAT) quashed the revision order passed by the Principal Commissioner of Income Tax (Pr. CIT) under Section 263, citing that the Assessing...
![Discrepancy in Net Profit Figures: ITAT Quashes Pr. CIT’s Revision Order due to Prior AO Inquiry [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Hyderabad-ITAT-ruling-on-AO-prior-inquiry-TAXSCAN.jpg "Discrepancy in Net Profit Figures: ITAT Quashes Pr. CIT’s Revision Order due to Prior AO Inquiry [Read Order]")
![Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/PF-ESI-Contribution.jpg "Employees’ PF & ESI Contribution Disallowed if Paid After Due Date: ITAT [Read Order]")
ITAT Sustains Additions u/s 68, Denies Deduction for LIC Premium and Tuition Fees; Dismisses Assessee’s Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT) Hyderabad Bench upheld the additions made under Section 68 of the Income Tax Act, 1961, treating unexplained cash credits as taxable income. The tribunal also...
![ITAT Sustains Additions u/s 68, Denies Deduction for LIC Premium and Tuition Fees; Dismisses Assessee’s Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Hyderabad-Section-68-of-income-tax-act-income-tax-act-TAXSCAN.jpg "ITAT Sustains Additions u/s 68, Denies Deduction for LIC Premium and Tuition Fees; Dismisses Assessee’s Appeal [Read Order]")