ITAT Hyderabad – smeaccountant

A top view of euro banknotes, a miniature architectural model, and a key symbolizing property investment.

ITAT Hyderabad Rules Incorporation Date Cannot Be Replaced by Business Commencement for Section 54GB

ITAT Hyderabad denies Section 54GB tax exemption, ruling that a company must be formally incorporated within the statutory period, not just commence business.

Prasenjit Bhowmik September 12, 2026

Close-up of a sticky note on a laptop reminding to pay taxes, emphasizing tax season.

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ITAT Hyderabad Invalidates Section 148 Notice Issued on 1 April 2021

ITAT Hyderabad quashes reassessment for AY 2016-17, ruling that a Section 148 notice issued on 1 April 2021 is invalid under the new tax regime.

Prasenjit Bhowmik September 11, 2026

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BSNL VRS-2019 Compensation Gets Full Sec. 10(10B) Exemption; ITAT Condones 1,404-Day Delay

In a notable tax ruling, the Hyderabad bench of the Income Tax Appellate Tribunal (ITAT) has granted significant relief to former employees of Bharat Sanchar Nigam Limited (BSNL). Official reports…

Prasenjit Bhowmik August 17, 2026

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Hyderabad ITAT Rules in Favor of BSNL VRS-2019 Tax Exemptions

The Hyderabad ITAT has ruled that BSNL VRS 2019 retirees qualify for full tax exemptions under Section 10 10B and condoned major filing delays.

Prasenjit Bhowmik August 16, 2026