![PCIT Revises order of AO on Goodwill Depreciation and Loan Transaction: ITAT Overturns Order citing Verified Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Loan-Transaction.jpg "PCIT Revises order of AO on Goodwill Depreciation and Loan Transaction: ITAT Overturns Order citing Verified Transaction [Read Order]")
PCIT Revises order of AO on Goodwill Depreciation and Loan Transaction: ITAT Overturns Order citing Verified Transaction [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) has set aside the revisionary order passed by the Principal Commissioner of Income...
![Deduction u/s 80JJAA Cannot Be Denied Solely for Late Filing of Form 10DA Before Return Due Date: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/06/Deduction-Solely-for-Late-Filing-Form-10DA-taxscan.jpg "Deduction u/s 80JJAA Cannot Be Denied Solely for Late Filing of Form 10DA Before Return Due Date: ITAT [Read Order]")
![Interest from Urban Cooperative Banks Qualifies as Society Income: ITAT Allows 80P Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Interest-Urban-Cooperative-Banks-Society-Income-ITAT-80P-Deduction-Taxscan.jpg "Interest from Urban Cooperative Banks Qualifies as Society Income: ITAT Allows 80P Deduction [Read Order]")
![Addition of Rs. 2.02 Crore as Accommodation Entries: ITAT Holds Addition Unsustainable On Lack of Primary Proof [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Accommodation-Entries-itat-ahmedabad-taxscan.jpg "Addition of Rs. 2.02 Crore as Accommodation Entries: ITAT Holds Addition Unsustainable On Lack of Primary Proof [Read Order]")
![Income Already Taxed cannot be Treated Again as Unexplained Cash Credit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Unexplained-Cash-Credit-ITAT-TAXSCAN.jpg "Income Already Taxed cannot be Treated Again as Unexplained Cash Credit: ITAT [Read Order]")
![ITAT Weekly Round-Up [May 11th - May 18th]](https://www.taxscan.in/wp-content/uploads/2025/05/itat-itat-roundup-weeklyrounup-taxscan-1.jpg "ITAT Weekly Round-Up [May 11th - May 18th]")
ITAT Deletes ₹9.9 Cr Income Tax Addition Over AO’s Profit Overestimation and Unsubstantiated Loans [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) deletes a 9.9 crore tax addition made by the AO because of the overestimation of profit, misclassification of assets, and lack of...
![ITAT Deletes ₹9.9 Cr Income Tax Addition Over AO’s Profit Overestimation and Unsubstantiated Loans [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Income-Tax-Addition-AO-Profit-Overestimation-Unsubstantiated-Loans-taxscan.jpg "ITAT Deletes ₹9.9 Cr Income Tax Addition Over AO’s Profit Overestimation and Unsubstantiated Loans [Read Order]")
Unexplained Cash Deposits during Demonetization: ITAT Directs AO to Verify Books of Accounts and Cash Sales of Diamond and Gold Dealer [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) restored the matter to the Assessing Officer (AO) for fresh verification of books of accounts and cash sales of Diamond and Gold Dealer...
![Unexplained Cash Deposits during Demonetization: ITAT Directs AO to Verify Books of Accounts and Cash Sales of Diamond and Gold Dealer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Unexplained-Cash-Deposits-Demonetization-ITAT-Ahmedabad-taxscan.jpg "Unexplained Cash Deposits during Demonetization: ITAT Directs AO to Verify Books of Accounts and Cash Sales of Diamond and Gold Dealer [Read Order]")
![ITAT Dismisses Income Tax Appeal After Opting for Vivad Se Vishwas Scheme [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Vivad-Se-Vishwas-Scheme-site-img.jpg "ITAT Dismisses Income Tax Appeal After Opting for Vivad Se Vishwas Scheme [Read Order]")
Revised Disallowance Claim u/s 14A should be Backed by Revised Certificate by Auditor in Form 3CA: ITATÂ [Read Order]
In a recent decision, the Ahmedabad bench of Income Tax Appellate Tribunal ( ITAT ) has held that any revised disallowance claim under Section 14A of the Income Tax Act must be supported by a revised...
![Revised Disallowance Claim u/s 14A should be Backed by Revised Certificate by Auditor in Form 3CA: ITATÂ [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Revised-Disallowance-Claim-Disallowance-Claim-Disallowance-Backed-by-Revised-Certificate-taxscan.jpg "Revised Disallowance Claim u/s 14A should be Backed by Revised Certificate by Auditor in Form 3CA: ITATÂ [Read Order]")
Delayed Credit of ESI/EPF Amounts: ITAT deletes Penalty on Assessee for Technical Glitches [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) recently quashed an income tax disallowance, on observing that a one-day delay in crediting employee contributions to the Employees'...
![Delayed Credit of ESI/EPF Amounts: ITAT deletes Penalty on Assessee for Technical Glitches [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/EPF-.jpg "Delayed Credit of ESI/EPF Amounts: ITAT deletes Penalty on Assessee for Technical Glitches [Read Order]")
![CSR Donation to Gujarat CM Swachchta Nidhi Eligible for Section 80G Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Case-Digest-Income-Tax-Income-Tax-Deductions-Donations-Income-Tax-Deductions-for-Donations-Taxscan.jpg "CSR Donation to Gujarat CM Swachchta Nidhi Eligible for Section 80G Deduction: ITAT [Read Order]")