ITAT Ahmedabad
Explore the latest ITAT Ahmedabad judgments, orders, and appellate decisions on direct tax matters from the Ahmedabad bench of the Income Tax Appellate Tribunal
![Amount Received as Forfeiture of Share Application Money for issue of Share Warrants is Capital Receipt, Not Taxable: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Amount Received as Forfeiture of Share Application Money for issue of Share Warrants is Capital Receipt, Not Taxable: ITAT Ahmedabad [Read Order]")
Amount Received as Forfeiture of Share Application Money for issue of Share Warrants is Capital Receipt, Not Taxable: ITAT Ahmedabad [Read Order]
The Ahmedabad bench of Income Tax Appellate Tribunal (ITAT) held that, Amount received as forfeiture of share application money for issue of share...
![Share Income from the Firm received by Partners is not Taxable: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/02/Share-Income-Taxscan.jpg "Share Income from the Firm received by Partners is not Taxable: ITAT Ahmedabad [Read Order]")
![Playing Cricket is ‘Profession’: ITAT Ahmedabad directs AO to reconsider Allowability of Expenditure Claimed by Cricketer Parthiv Patel [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/02/Parthiv-Patel-Taxscan.jpg "Playing Cricket is ‘Profession’: ITAT Ahmedabad directs AO to reconsider Allowability of Expenditure Claimed by Cricketer Parthiv Patel [Read Order]")
![Gross Receipts are immaterial in Computing Foreign Tax Credit: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/ITAT-Ahmedabad.jpg "Gross Receipts are immaterial in Computing Foreign Tax Credit: ITAT Ahmedabad [Read Order]")
Producing Additional Evidence before the Appellate Authority is a Statutory Right of the Assessee: ITAT Ahmedabad [Read Order]
In Kalpesh Narsinhbhai Lathiya v. ITO, the Ahmedabad bench of the ITAT held that the assessee can produce additional evidence before the appellate authority under the provisions of the Income Tax Act...
![Producing Additional Evidence before the Appellate Authority is a Statutory Right of the Assessee: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Kolkata-TaxScan.jpg "Producing Additional Evidence before the Appellate Authority is a Statutory Right of the Assessee: ITAT Ahmedabad [Read Order]")
Initiating Fresh Re-Assessment Proceedings during the Pendency of Prior One under a Valid Notice is invalid: ITAT Ahmedabad [Read Order]
In Nilesh Kalidas Shah v. ACIT, the Ahmedabad bench of the ITAT held that the Department cannot initiate fresh re-assessment proceedings when the re-assessment proceeding are pending on the basis of a...
![Initiating Fresh Re-Assessment Proceedings during the Pendency of Prior One under a Valid Notice is invalid: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Ahmedabad.jpg "Initiating Fresh Re-Assessment Proceedings during the Pendency of Prior One under a Valid Notice is invalid: ITAT Ahmedabad [Read Order]")
Commissions paid by Pharmaceutical Companies to Agents are Eligible for Deduction: ITAT Ahmedabad [Read Order]
In M/s. Stallion Laboratories Pvt. Ltd. v. ITO Ahmedabad, the ITAT Ahmedabad bench held that the commission paid to agents by a pharmaceutical company is eligible for deduction under the Income Tax...
Deduction u/s 54 is allowable even when a New Residential House is Purchased within 1 year before Transfer of Capital Asset: ITAT Ahmedabad [Read Order]
Recently, the ITAT Ahedabad bench, in the case of Bhailabhai N Patel v. DCIT Baroda, held that the assessee is entitled to get deduction under section 54 of the Income Tax Act even if a new...
![Deduction u/s 54 is allowable even when a New Residential House is Purchased within 1 year before Transfer of Capital Asset: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Deduction-Taxscan-2.jpg "Deduction u/s 54 is allowable even when a New Residential House is Purchased within 1 year before Transfer of Capital Asset: ITAT Ahmedabad [Read Order]")
![Penalty is not Leviable on Ground of Disallowance of Depreciation: ITAT Ahmedabad [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty is not Leviable on Ground of Disallowance of Depreciation: ITAT Ahmedabad [Read Order]")
ITAT Ahmedabad allows Claim for Depreciation on Goodwill without a Revised Return during Assessment Proceedings [Read Order]
In a recent ruling, the division bench of the Ahmedabad ITAT held that Depreciation on 'goodwill' arising on amalgamation claimed by assessee company during course of assessment proceedings vide a...