ITAT Hyderabad — Direct Tax

1. ITAT Hyderabad · 26 Sep 2014
   ITAT - DIT(E) was wholly bent on refusing registration on various extraneous considerations and exceeded jurisdiction by not following jurisdictional HC ruling

   Agricultural Market Committee, Achampet vs DIT(E)

   (2014) TaxCorp(LJ) 4586 (ITAT-HYDERABAD)

2. ITAT Hyderabad · 01 Dec 2014
   ITAT - Passing of bundle of rights in land to the consortium enabling enjoyment of immovable property constitutes 'transfer' u/s 2(47)(vi)

   Andhra Networks Limited vs DCFT

   (2014) TaxCorp(LJ) 4579 (ITAT-HYDERABAD)

3. ITAT Hyderabad · 01 Dec 2014
   S. 2(47)/ 53A: Mere handing over possession pursuant to development agreement does not result in transfer if developer has not taken steps for development of property

   ACIT. vs. B. Rajamallu

   (2014) TaxCorp(LJ) 4567 (ITAT-HYDERABAD) · Section. 2(47), 53A

4. ITAT Hyderabad · 01 Dec 2014
   For constituting a long-term capital asset, date of allotment of property and not date of registration to be considered. Benevolent approach should be adopted and not a hyper-technical or legalistic one

   Andhra Networks Limited vs. DCIT

   (2014) TaxCorp(LJ) 4566 (ITAT-HYDERABAD)

5. ITAT Hyderabad · 28 Nov 2014
   ITAT - No Sec 195 TDS on payments made to foreign entities for complete source code of software as not being royalty but copyright

   ACIT. vs. Bartronics India Ltd.

   (2014) TaxCorp(LJ) 4554 (ITAT-HYDERABAD)

6. ITAT Hyderabad · 29 Nov 2014
   Consideration for use of software is not assessable as royalty under Article 12 of DTAA and s. 9(1)(vi)

   ADIT vs. Bartronics India Ltd

   (2014) TaxCorp(LJ) 4535 (ITAT-HYDERABAD) · Section 9(1)(vi)

7. ITAT Hyderabad · 13 Nov 2014
   ITAT - Pre-clinical research payments are in the nature of FTS

   Dr Reddy’s Research Foundation vs. DCIT

   (2014) TaxCorp(LJ) 4523 (ITAT-HYDERABAD)

8. ITAT Hyderabad · 14 Nov 2014
   ITAT - Assessee entitled to deduction on expenditure of capital nature when used for scientific research relating to assessee's business

   DCIT vs. AVRA Laboratories P. Ltd.

   (2014) TaxCorp(LJ) 4519 (ITAT-HYDERABAD)

9. ITAT Hyderabad · 10 Sep 2014
   Whether when the Tribunal has decided that there is no violation of provisions of section 11(5) by the assessee, the DIT(E) can reopen the same for cancellation of registration

   NIMMAGADDA FOUNDATION Vs. DIT

   (2014) TaxCorp(LJ) 4339 (ITAT-HYDERABAD) · Income Tax - Sections 11, 11(5), 12AA, 13(1)(d), 154

10. ITAT Hyderabad · 07 Nov 2014
    Sec 292BB would operate prospectively as it curtails the right of the assessee

    M/s. Ghanshyamdas Gems and Jewels v/s DCIT

    (2014) TaxCorp(LJ) 4321 (ITAT-HYDERABAD) · Section. 292BB

11. ITAT Hyderabad · 11 Nov 2014
    Law on whether income from rent for lease of space in technology park and income from operation and management of facilities is assessable as "business profits" or "income from house property" explained

    K. Raheja IT Park (Hyderabad) P. Ltd. vs. CIT

    (2014) TaxCorp(LJ) 4315 (ITAT-HYDERABAD)

12. ITAT Hyderabad · 31 Oct 2014
    The only requirement of s. 249(4) is payment of tax due on returned income. There is no time limit prescribed for payment of such taxes. The delay in filing an appeal after payment of SA tax can be condoned

    Kanchenjunga Greenlands Pvt. Ltd. vs. DCIT

    (2014) TaxCorp(LJ) 4301 (ITAT-HYDERABAD) · Section. 249(4)

13. ITAT Hyderabad · 08 Nov 2014
    S. 271(1)(c): Apart from falsity of the explanation, the department must have cogent material or evidence from which it could be inferred that assessee has consciously concealed particulars of income or deliberately furnished inaccurate particulars of income

    G. K. Properties Pvt. Limited vs. ITO

    (2014) TaxCorp(LJ) 4296 (ITAT-HYDERABAD) · Section. 271(1)(c)

14. ITAT Hyderabad · 20 Oct 2014
    Fraud in determination of LIBOR/ EURIBOR no reason to discard it as ALP

    Vijay Electricals Limited vs. ACIT

    (2014) TaxCorp(LJ) 4288 (ITAT-HYDERABAD)

15. ITAT Hyderabad · 24 Oct 2014
    S. 2(1A): Gains from sale of agricultural land is exempt even though purchaser intends to use the land for commercial purposes

    DCIT. vs. M. Kalyan Chakravarthy

    (2014) TaxCorp(LJ) 4281 (ITAT-HYDERABAD) · Section. 2(1A)

16. ITAT Hyderabad · 24 Oct 2014
    Transfer pricing principles on right of TPO to collect info u/s 133(6), exclusion of high profit comparables, adjustment for limited risk environment, exclusion of reimbursement costs for computing operation margins explained

    HSBC Electronic Data Processing India vs. ACIT

    (2014) TaxCorp(LJ) 4279 (ITAT-HYDERABAD) · Section. 133(6)

17. ITAT Hyderabad · 22 Oct 2014
    In view of the finding of the service-tax authorities that services were rendered, argument that amount paid is a reimbursement of actual cost without profit element is not acceptable and it is chargeable as “fee for included services”

    AMD Research & Development Center vs. DCIT

    (2014) TaxCorp(LJ) 4271 (ITAT-HYDERABAD)

18. ITAT Hyderabad · 14 Oct 2014
    TPO cannot question commercial expediency of payment to AE. RBI approval to a transaction implies it is at arms' length price

    DCIT. Vs. Owens Corning Industries (India) Pvt. Ltd.

    (2014) TaxCorp(LJ) 4269 (ITAT-HYDERABAD)

19. ITAT Hyderabad · 30 Sep 2014
    Whether where any item is excluded for the purpose of computing export turnover, it it calls for necessary exclusion of the same from total turnover for purpose of computing deduction u/s 10A

    M/s PAREXEL INTERNATIONAL INDIA PVT LTD. Vs. ACIT

    (2014) TaxCorp(LJ) 4213 (ITAT-HYDERABAD) · Income tax - Sections 10AA, 92CA(1), 133(6), 143(3), 144C(5)

Headnote lines are open to everyone. The full headnote and the judgment text open with a subscription — see plans or sign in.