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
![Deemed Dividend can’t be attributed as Assessee have Regular Business Connection with Company and Transactions constitute ‘Trade Advances’: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Deemed-Dividends-Taxscan.jpg "Deemed Dividend can’t be attributed as Assessee have Regular Business Connection with Company and Transactions constitute ‘Trade Advances’: ITAT [Read Order]")
Deemed Dividend can’t be attributed as Assessee have Regular Business Connection with Company and Transactions constitute ‘Trade Advances’: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench has held that the provisions of deemed dividend cannot be applied when the assessee has a...
![Deduction can’t be denied merely because assessee couldn’t furnish Project Completion Certificate: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Deduction-Taxscan.jpg "Deduction can’t be denied merely because assessee couldn’t furnish Project Completion Certificate: ITAT [Read Order]")
![Wealth Tax not leviable on Commercial Asset which is Capable of being put to Productive Use: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Wealth-Tax-Taxscan.jpg "Wealth Tax not leviable on Commercial Asset which is Capable of being put to Productive Use: ITAT [Read Order]")
![Late Fee for Belated TDS Returns can be levied only from 1.6.2015: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/TDS-Taxscan.jpg "Late Fee for Belated TDS Returns can be levied only from 1.6.2015: ITAT [Read Order]")
![Rental Advance adjusted towards Negotiated Settlement for Lock in period is Business Loss: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Rental-Advance-Taxscan.jpg "Rental Advance adjusted towards Negotiated Settlement for Lock in period is Business Loss: ITAT [Read Order]")
![Capital Gain Taxable at the time of giving Actual Possession of Land to Developer: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Capital-Gain-Tax-Taxscan.jpg "Capital Gain Taxable at the time of giving Actual Possession of Land to Developer: ITAT [Read Order]")
Provisions of Deemed Dividend Applicable only to Extent of Accumulated Profits available at the beginning of the relevant FY: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the provisions relating to deemed dividend under section 2(22)(e) of the Income Tax Act is applicable only to the extent...
Relief to Traders: Discounts not mentioned in Invoice are allowable as Expenditure, says ITAT [Read Order]
The cash/ trade discounts to the customers are allowable as business expenditure even if the same is not reflected in the invoice, said the Income Tax Appellate Tribunal, Hyderabad bench. The...
![Relief to Traders: Discounts not mentioned in Invoice are allowable as Expenditure, says ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Expenditure-Taxscan.jpg "Relief to Traders: Discounts not mentioned in Invoice are allowable as Expenditure, says ITAT [Read Order]")
Once a Research Facility is Approved, Weighted Deduction can’t be denied for want of Form 3CL: ITAT [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) in the case of Century Seeds Pvt. Ltd. v. DCIT ordered that once a research facility is approved, weighted deduction can’t be denied for...
![Once a Research Facility is Approved, Weighted Deduction can’t be denied for want of Form 3CL: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Weighted-Deduction-Taxscan.jpg "Once a Research Facility is Approved, Weighted Deduction can’t be denied for want of Form 3CL: ITAT [Read Order]")
![Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]")
![Penalty won’t attract for Genuine Cash Transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Cash-Transactions.jpg "Penalty won’t attract for Genuine Cash Transactions: ITAT [Read Order]")
Cash Purchase of Land would not violate S. 40A(3) in the Absence of Claim for Business Expenditure: ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) has held that the Revenue cannot disallow the payment of cash for land purchase by assessee by invoking Section 40A(3) of the Income...
![Cash Purchase of Land would not violate S. 40A(3) in the Absence of Claim for Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/08/Cash-Purchase-Taxscan.jpg "Cash Purchase of Land would not violate S. 40A(3) in the Absence of Claim for Business Expenditure: ITAT [Read Order]")