![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]")
Taxpayer Not Property Owner, Only POA Holder: ITAT Remands Rs. 4.73 Crore LTCG Addition Matter [Read Order]
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) remanded a matter involving Long-Term Capital Gain (LTCG) addition of Rs. 4.73 crore...
![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]")
![CIT(A) fails to Address Key issue on Adjustment of Actual Expenditure against Provisions: ITAT remands matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Income-Tax-Appellate-Tribunal-CIT-Adjustment-of-Actual-Expenditure-Expenditure-Against-Provisions-TAXSCAN.jpg "CIT(A) fails to Address Key issue on Adjustment of Actual Expenditure against Provisions: ITAT remands matter [Read Order]")
![S. 36(1)(viia) Deduction not allowable without Provision for Bad and Doubtful Debts in Books of Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Deduction-Bad-Doubtful-Debts-Books-of-Account-ITAT-taxscan.jpg "S. 36(1)(viia) Deduction not allowable without Provision for Bad and Doubtful Debts in Books of Account: ITAT [Read Order]")
![No Deduction for Interest Paid on FCCD under Tonnage Tax Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-Tax-Scheme-FCCD-Deduction-Foreign-Currency-Convertible-Debentures-taxscan.jpg "No Deduction for Interest Paid on FCCD under Tonnage Tax Scheme: ITAT [Read Order]")
Section 115BBDA of Income Tax Act Does not Apply to Domestic Company:Â ITAT deletes Addition [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition of Rs. 3.07 lakhs, stating that Section 115BBDA of the Income Tax Act, 1961 does not apply to a domestic...
![Section 115BBDA of Income Tax Act Does not Apply to Domestic Company:Â ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-Domestic-Companies-ITAT-deletes-additions-income-tax-sections-Section-115BBDA-TAXSCAN.jpg "Section 115BBDA of Income Tax Act Does not Apply to Domestic Company:Â ITAT deletes Addition [Read Order]")
Taxpayer is an agriculturalist presents Evidence of Land ownership by wife and children: ITAT deletes addition of 4.76 lakhs [Read Order]
In a recent ruling the Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the addition of Rs. 4.76 lakhs after the taxpayer, an agriculturalist, presented evidence of land...
![Taxpayer is an agriculturalist presents Evidence of Land ownership by wife and children: ITAT deletes addition of 4.76 lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Taxpayer-agriculturalist-Evidence-of-Land-ownership-wife-and-children-ITAT-TAXSCAN.jpg "Taxpayer is an agriculturalist presents Evidence of Land ownership by wife and children: ITAT deletes addition of 4.76 lakhs [Read Order]")
Unexplained Cash Deposits during the Demonetization period: ITAT remits matter to AO produce Bills and Vouchers for Purchase and Sale of Gold [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal ( ITAT ) has remitted the matter to the Assessing Officer, directing them to produce bills and vouchers related to the purchase and sale of...
![Unexplained Cash Deposits during the Demonetization period: ITAT remits matter to AO produce Bills and Vouchers for Purchase and Sale of Gold [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-ITAT-Hyderabad-Unexplained-cash-deposits-Demonetization-period-Purchase-and-sale-of-Gold-TAXSCAN.jpg "Unexplained Cash Deposits during the Demonetization period: ITAT remits matter to AO produce Bills and Vouchers for Purchase and Sale of Gold [Read Order]")
![Unbilled Revenue cannot considered as Income once written off: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Unbilled-Revenue-Income-once-written-off-ITAT-taxscan.jpg "Unbilled Revenue cannot considered as Income once written off: ITAT deletes Addition [Read Order]")
Deduction on Physical Fitness Expense not Allowable in Absence of Evidence to Prove the Expenses were for Professional Purposes: ITAT upholds Disallowance [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal( ITAT ) has held that deduction on physical fitness expenses is not allowable in the absence of evidence to prove the expenses were for...
![Deduction on Physical Fitness Expense not Allowable in Absence of Evidence to Prove the Expenses were for Professional Purposes: ITAT upholds Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/itat-hyderabad-Physical-Fitness-Expense-ITAT-upholds-Disallowance-Physical-fitness-expense-and-income-tax-deduction-Taxscan.jpg "Deduction on Physical Fitness Expense not Allowable in Absence of Evidence to Prove the Expenses were for Professional Purposes: ITAT upholds Disallowance [Read Order]")
Reopening of Assessment u/s 147 can't be initiated when no Transfer took place on Account of JDA entered by "Group of Assessee": ITAT [Read Order]
The Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) held that reopening of the assessment under Section 147 of the Income Tax Act, 1961 cannot be initiated when no transfer took place on...
![Reopening of Assessment u/s 147 cant be initiated when no Transfer took place on Account of JDA entered by Group of Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Reopening-of-Assessment-Transfer-took-place-on-Account-of-JDA-entered-Group-of-Assessee-ITAT-TAXSCAN.jpg "Reopening of Assessment u/s 147 cant be initiated when no Transfer took place on Account of JDA entered by Group of Assessee: ITAT [Read Order]")