Read all Latest Updates on and about Accountant Member Annapurna Gupta

Top

Begin typing your search above and press return to search.

Home
»
Accountant Member...

Compressing Natural Gas Qualifies as Manufacturing Activity: ITAT Upholds Gujarat Gas Ltd.'s Additional Depreciation Claim [Read Order]

Sneha Sukumaran Mullakkal

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld Gujarat Gas Ltd.'s claim for additional depreciation, ruling that compressing...

ITAT sets aside PCIT’s Revision, Approves Additional Depreciation claim under Section 32(1)(iia) and...

ITAT Weekly Round Up

Taxability of Interest Income Depends on the Investor, Not the Name on the Deposit: ITAT [Read...

S.13 attracts during Assessment, Not at Grant of Registration: ITAT restores matter to Grant Final...

Investors Proven Genuine: ITAT quashes Additions u/s 68 and Revision Order [Read Order]

In a recent ruling, the Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) quashed additions under section 68 of the Income Tax Act, 1961, and the revisionary order passed by the Principal...

Establishment of Nexus between Property Sale Advance and NHAI Bond Investment: ITAT allows Deduction Claim u/s 54EC [Read Order]

In a recent ruling, the Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed the declaimed by the assessee under Section 54EC of the Income Tax Act,1961 as the assessee was able to...

AO Fails to Verify Loan Recorded as Journal Entry in Shareholder's Account: ITAT deletes ₹25.93 Lakh Deemed Dividend Addition [Read Order]

The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) deleted an addition of Rs. 25.93 lakh categorized as a "deemed dividend" under Section 2(22)(e) of the Income Tax Act due to the...

Curable Defect in Form 35A: ITAT Sets Aside DRP Order [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) set aside the Dispute Resolution Panel's ( DRP ) order, ruling that the defect in Form 35A, which was initially signed by the Authorized...

Income from Ancillary Activities to Primary Operations: ITAT upholds Revision Order allowing Alternate Claim of Co-Op Society u/s 80P(2)(e) [Read Order]

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has upheld a revision order reaffirming the right of the assessee, a Ginning Pressing Cotton Sale Co-operative Society Ltd. to make an...

ITAT directs DRP to reconsider Assessee's Objection Over Signature Irregularity [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) directed the Dispute Resolution Panel ( DRP ) to reconsider an objection to a long-term capital gain assessment, which had been rejected...

Sun Pharma Labs. Ltd.'s Software Upgradation Expenses classified as Revenue Expenditure: ITAT upholds CIT(A) Ruling [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals) [CIT(A)] ruling regarding Sun Pharma Laboratories Ltd.'s software upgradation expenses,...

Prev Page Next Page