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
![Penalty u/s 271B not attracted on Tax Calculated on Estimate Basis: ITAT Hyderabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/PAN-Penalty-TAN-Taxscan.jpg "Penalty u/s 271B not attracted on Tax Calculated on Estimate Basis: ITAT Hyderabad [Read Order]")
Penalty u/s 271B not attracted on Tax Calculated on Estimate Basis: ITAT Hyderabad [Read Order]
In a recent case, the Income Tax Appellate Tribunal (ITAT), Hyderabad held that it was settled law that penalty on ad hoc disallowance or an addition...
![Stock-in-Trade can be considered as Transferred only in year in which Assessee had ‘executed the Sale Deed Transferring the Stock-in-Trade’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Stock-in-Trade.jpg "Stock-in-Trade can be considered as Transferred only in year in which Assessee had ‘executed the Sale Deed Transferring the Stock-in-Trade’: ITAT [Read Order]")
![Educational Cess is Additional Surcharge, must be deleted as per India-UAE DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Education-Cess-Taxscan.jpg "Educational Cess is Additional Surcharge, must be deleted as per India-UAE DTAA: ITAT [Read Order]")
![Federal Tax, State Tax and Medicare-cum-Disability Tax in USA eligible for Credit under Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Income-Tax-ITAT-Taxscan.jpg "Federal Tax, State Tax and Medicare-cum-Disability Tax in USA eligible for Credit under Income Tax Act: ITAT [Read Order]")
![Applying Individual Tax Rates to AOP can’t be rectified by Invoking S. 154: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/Cross-Examination-ITAT-Taxscan.jpg "Applying Individual Tax Rates to AOP can’t be rectified by Invoking S. 154: ITAT [Read Order]")
![Network Rights is Goodwill: ITAT allows Depreciation [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/03/Network-Rights-Depreciation-Taxscan.jpg "Network Rights is Goodwill: ITAT allows Depreciation [Read Order]")
Distribution of IPL Tickets to Customers to improve Business Relations is allowable as Expenditure: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench ahs held that the distribution of IPL tickets to the long-standing customers to improve business relation and goodwill would amount to...
![Distribution of IPL Tickets to Customers to improve Business Relations is allowable as Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/02/IPL-Tickets-Taxscan.jpg "Distribution of IPL Tickets to Customers to improve Business Relations is allowable as Expenditure: ITAT [Read Order]")
Chief Accountant couldn’t hand over Assessment Order to Tax Consultant without Malafide: ITAT Condones Delay in filing Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad has held that the delay in filing Appeal can be condoned if the Chief Accountant, without any bad intention, could not hand over the Assessment to...
![Chief Accountant couldn’t hand over Assessment Order to Tax Consultant without Malafide: ITAT Condones Delay in filing Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Ex-Director-Appeal-Memo-Taxscan.jpg "Chief Accountant couldn’t hand over Assessment Order to Tax Consultant without Malafide: ITAT Condones Delay in filing Appeal [Read Order]")
![Profit and Loss adopted in AGM Qualified by Auditors can’t be Altered: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Book-Profit-Taxscan.jpg "Profit and Loss adopted in AGM Qualified by Auditors can’t be Altered: ITAT [Read Order]")
Delayed Payment towards ESIC and PF before filing of IT Return can’t be Disallowed: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad bench has held that the contributions towards ESIC and PF beyond the due date cannot be disallowed if the same was paid before the filing of...
![Delayed Payment towards ESIC and PF before filing of IT Return can’t be Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Revisionary-Jurisdiction-ITAT-Taxscan.jpg "Delayed Payment towards ESIC and PF before filing of IT Return can’t be Disallowed: ITAT [Read Order]")
Amount Paid towards License Fee in the First Year of starting Business can’t be treated as Unexplained Income: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the amount paid towards license fee in the first year of commencement of business cannot be treated as unexplained income....
![Amount Paid towards License Fee in the First Year of starting Business can’t be treated as Unexplained Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/License-Fee-Taxscan-1.jpg "Amount Paid towards License Fee in the First Year of starting Business can’t be treated as Unexplained Income: ITAT [Read Order]")
Delay in getting Signature of MD of Company is a ‘Sufficient Cause’ for Condonation of Delay: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ), while condoning a delay of 92 days in filing Cross Objection filed by a Company, held that there was a delay in getting the...
![Delay in getting Signature of MD of Company is a ‘Sufficient Cause’ for Condonation of Delay: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/11/Signature-ITAT-Taxscan.jpg "Delay in getting Signature of MD of Company is a ‘Sufficient Cause’ for Condonation of Delay: ITAT [Read Order]")