June 24, 2026 : In a significant ruling on the taxation of online gaming transactions, the Income Tax Appellate Tribunal (ITAT), Hyderabad Bench, has set aside an addition of ₹3.54 crore made against a taxpayer who played online rummy through Read more…
March 04, 2026 : The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench has held that penalty for misreporting of income under Section 270A(9) of the Income Tax Act cannot be imposed where the taxpayer has disclosed all relevant facts in Read more…
December 25, 2025 : The Hyderabad Bench of the Income Tax Appellate Tribunal has ruled that exemption under Section 54 of the Income-tax Act, 1961 cannot be denied merely because the assessee failed to deposit unutilised capital gains in the Read more…