![No Disallowance u/s 14A when no Exempt Income earned by Assessee: ITAT dismisses Revenue Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Section-14A-of-the-Income-Tax-Act-Income-Tax-Income-Tax-Act-ITAT-dismisses-Revenue-Appeal-taxscan.jpg "No Disallowance u/s 14A when no Exempt Income earned by Assessee: ITAT dismisses Revenue Appeal [Read Order]")
No Disallowance u/s 14A when no Exempt Income earned by Assessee: ITAT dismisses Revenue Appeal [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) upheld the deletion of disallowance under Section 14A of the Income Tax Act, by the...
![Source of Cash Deposits duly Explained: ITAT deleted Addition of Rs. 10.75 u/s 69A [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Cash-Deposits-ITAT-s-69A-section-69a-section-69A-of-the-income-tax-act-income-tax-income-tax-act-explanation-explanation-on-Source-of-Cash-Deposits-itat-explanation-taxnews-taxscan.jpg "Source of Cash Deposits duly Explained: ITAT deleted Addition of Rs. 10.75 u/s 69A [Read Order]")
![Axis Banks ESOP Expenses Treated as Perquisites with TDS Deduction: ITAT allows Expenses u/s 37 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-Axis-Bank-ESOP-expenses-Axis-Bank-ESOP-expenses-Axis-Bank-ESOP-Section-37-Income-tax-act-TAXSCAN.jpg "Axis Banks ESOP Expenses Treated as Perquisites with TDS Deduction: ITAT allows Expenses u/s 37 [Read Order]")
![Money Introduced from JDS Industries not Deemed Taxpayer’s Own Income: ITAT deletes Addition of 4.45 Core u/s 69 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/site-img-4.jpg "Money Introduced from JDS Industries not Deemed Taxpayer’s Own Income: ITAT deletes Addition of 4.45 Core u/s 69 [Read Order]")
![Rejection of Registration of Trust due to Mismatch of Trust name in Legal Documents and PAN database: ITAT directs Re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/readjudication-Rejection-of-registration-ITAT-ahmedabad-PAN-taxscan.jpg "Rejection of Registration of Trust due to Mismatch of Trust name in Legal Documents and PAN database: ITAT directs Re adjudication [Read Order]")
Delay in filing of Form No. 10-ICÂ has condoned as per CBDT Circular No. 19/2023: ITAT allows Appeal [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) while allowing the appeal filed by the assessee observed that the assessee condoned the delay in filing of Form No.10IC as per the CBDT...
![Delay in filing of Form No. 10-ICÂ has condoned as per CBDT Circular No. 19/2023: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/filing-of-Form-No.10-IC-CBDT-Circular-No-ITAT-Appeal-TAXSCAN.jpg "Delay in filing of Form No. 10-ICÂ has condoned as per CBDT Circular No. 19/2023: ITAT allows Appeal [Read Order]")
Disallowance u/s 57(ii) of Income Tax Act allowable on Expenses Incurred wholly for earning Income from Other Sources: ITAT [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) has held that disallowance under section 57(ii) of the Income Tax Act, 1961 is allowable on expenses incurred wholly for earning Income...
![Disallowance u/s 57(ii) of Income Tax Act allowable on Expenses Incurred wholly for earning Income from Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Disallowance-Income-Tax-Act-Expenses-Income-Other-Sources-ITAT-taxscan.jpg "Disallowance u/s 57(ii) of Income Tax Act allowable on Expenses Incurred wholly for earning Income from Other Sources: ITAT [Read Order]")
![CIT (A)Â cannot delete Disallowance without Observing Findings of AO: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/CIT-A-Disallowance-AO-ITAT-taxscan.jpg "CIT (A)Â cannot delete Disallowance without Observing Findings of AO: ITAT [Read Order]")
Ratification application under section154 of cannot be termed as Time-Barred If Taxpayer Responded to Notice issued under Act: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) observed that ratification application under section 154 of the Income Tax Act,1961 cannot be termed as time-barred if the taxpayer...
![Ratification application under section154 of cannot be termed as Time-Barred If Taxpayer Responded to Notice issued under Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Ratification-application-section154-of-Time-Barred-If-Taxpayer-Responded-to-Notice-issued-under-Act-ITAT-TAXSCAN.jpg "Ratification application under section154 of cannot be termed as Time-Barred If Taxpayer Responded to Notice issued under Act: ITAT [Read Order]")
Income already declared by Wife: ITAT quashes Addition as 'Undisclosed Income' at the Hands of Husband [Read Order]
The Rajkot bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed the addition of income as 'undisclosed income' at the hands of the husband, citing that the income was already declared by...
![Income already declared by Wife: ITAT quashes Addition as Undisclosed Income at the Hands of Husband [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Rajkot-Income-Tax-Undisclosed-Income-TAXSCAN.jpg "Income already declared by Wife: ITAT quashes Addition as Undisclosed Income at the Hands of Husband [Read Order]")
Sale Deed Classified as Capital Asset, Qualifies for Long-Term Capital Gain Deduction under Section 54B: ITAT [Read Order]
In a recent decision the Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) observed that sale deed classified as capital asset, qualifies for long-term capital gain deduction under...
![Sale Deed Classified as Capital Asset, Qualifies for Long-Term Capital Gain Deduction under Section 54B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Income-tax-Income-tax-news-Capital-Gain-Long-Term-Capital-Gain-taxscan.jpg "Sale Deed Classified as Capital Asset, Qualifies for Long-Term Capital Gain Deduction under Section 54B: ITAT [Read Order]")