ITAT Hyderabad Judgments, Orders & News | Income Tax Appellate Tribunal

Begin typing your search above and press return to search.

Home
»
ITAT Hyderabad

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

Wealth Tax not leviable on Commercial Asset which is Capable of being put to Productive Use: ITAT [Read Order]

Taxscan Team

The Hyderabad bench of Income Tax Appellate Tribunal (ITAT) in Wealth Tax Officer versus M/s. Chavva Estates Private held that commercial asset which...

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...

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...

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...

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...

Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Hyderabad bench has held that the amount of interest paid to a Private bank is out of the purview of Section 43B of the Income Tax Act, 1961 and therefore,...

Penalty won’t attract for Genuine Cash Transactions: ITAT [Read Order]

The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the penalty for cash transactions cannot be imposed on genuine transactions. In the instant case, the Assessing Officer...

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...

Weighted Deduction allowable on Bio Equivalence Studies conducted outside the Approved R & D Facility: ITAT [Read Order]

The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ), has allowed weighted deduction on Bio Equivalence Studies by holding that the same amount to revenue expenditure. The bench upheld...

IT Deduction not available to Payment to ROC for Enhancement of Authorized Share Capital: ITAT [Read Order]

The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) in DCIT v. M/s. Mercury Projects held that the amount paid to ROC for the enhancement of authorized share capital is not deductible from...

Prev Page Next Page