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
![Repeated Non-appearance before CIT(A) & AO without Justifiable Cause: ITAT Confirms Addition & Penalty on Unexplained Transaction of ₹83.4L [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-ITAT-Confirms-Repeated-Non-appearance-Penalty-on-Unexplained-Transaction-Justifiable-Cause-assessing-officer-taxscan.jpg "Repeated Non-appearance before CIT(A) & AO without Justifiable Cause: ITAT Confirms Addition & Penalty on Unexplained Transaction of ₹83.4L [Read Order]")
Repeated Non-appearance before CIT(A) & AO without Justifiable Cause: ITAT Confirms Addition & Penalty on Unexplained Transaction of ₹83.4L [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) confirmed the addition and penalty on unexplained transactions of Rs. 83.4 lakhs...
![AO Fails to Verify Loan Recorded as Journal Entry in Shareholders Account: ITAT deletes ₹25.93 Lakh Deemed Dividend Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-TAXSCAN-1.jpg "AO Fails to Verify Loan Recorded as Journal Entry in Shareholders Account: ITAT deletes ₹25.93 Lakh Deemed Dividend Addition [Read Order]")
![ITAT Upholds CIT(A) Ruling, Deleting ₹2 Crore Addition to TCGL’s Income for Non-Accrued Grants [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/TAT-ITAT-Ahmedabad-CITA-Ruling-Taxscan.jpg "ITAT Upholds CIT(A) Ruling, Deleting ₹2 Crore Addition to TCGL’s Income for Non-Accrued Grants [Read Order]")
![ITAT upholds deletion of ₹8 Crores Addition due to Lack of Evidence for Unexplained Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Evidence-Taxscan.jpg "ITAT upholds deletion of ₹8 Crores Addition due to Lack of Evidence for Unexplained Credit [Read Order]")
![ITAT upholds Reduced Land Cost, Citing Inflated Transaction and Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Land-Cost-Evidence-taxscan.jpg "ITAT upholds Reduced Land Cost, Citing Inflated Transaction and Lack of Evidence [Read Order]")
![ITAT Deletes Expense Disallowance u/s 14A Due to Lack of Exempt Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Section-14A-of-Income-Tax-Act-Income-Tax-Act-Exempt-Income-Taxscan.jpg "ITAT Deletes Expense Disallowance u/s 14A Due to Lack of Exempt Income [Read Order]")
ITAT Deletes Interest Disallowance u/s 36(1)(iii) for Genuine Unsecured Loans, Upholding CIT(A) Decision [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the disallowance of interest under Section 36(1)(iii) of the Income Tax Act,1961 for genuine unsecured loans provided to the...
![ITAT Deletes Interest Disallowance u/s 36(1)(iii) for Genuine Unsecured Loans, Upholding CIT(A) Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Genuine-Unsecured-Loans-Unsecured-Loans-Income-Tax-Section-361iii-of-Income-Tax-Act-Taxscan.jpg "ITAT Deletes Interest Disallowance u/s 36(1)(iii) for Genuine Unsecured Loans, Upholding CIT(A) Decision [Read Order]")
ITAT remands Case to AO for Fresh Assessment of Unexplained Income, considering Additional Evidence [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case to the Assessing Officer (AO) for a fresh assessment of unexplained income, considering additional evidence submitted...
![ITAT remands Case to AO for Fresh Assessment of Unexplained Income, considering Additional Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Assessment-of-Unexplained-Income-unexplained-income-case-taxscan.jpg "ITAT remands Case to AO for Fresh Assessment of Unexplained Income, considering Additional Evidence [Read Order]")
ITAT Quashes ₹4.27 cr Addition in Alleged Bogus LTCG from Penny Stock Transactions Citing Lack of Fair Opportunity for Senior Citizen [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the Rs. 4,27,83,714 addition alleged bogus long-term capital gains ( LTCG ) from penny stock transactions citing the Lack of Fair...
![ITAT Quashes ₹4.27 cr Addition in Alleged Bogus LTCG from Penny Stock Transactions Citing Lack of Fair Opportunity for Senior Citizen [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-ITAT-Ahmedabad-LTCG-long-term-capital-gains-Penny-Stock-Penny-Stock-Transactions-TAXSCAN.jpg "ITAT Quashes ₹4.27 cr Addition in Alleged Bogus LTCG from Penny Stock Transactions Citing Lack of Fair Opportunity for Senior Citizen [Read Order]")
![Curable Defect in Form 35A: ITAT Sets Aside DRP Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "Curable Defect in Form 35A: ITAT Sets Aside DRP Order [Read Order]")
Revisionary Jurisdiction u/s 263 Not Invocable Solely Based on PCIT's Differing View: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that the revisionary jurisdiction under Section 263 of the Income Tax Act,1961 cannot be invoked solely based on the Principal...
![Revisionary Jurisdiction u/s 263 Not Invocable Solely Based on PCITs Differing View: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-Revision-Order-TAXSCAN.jpg "Revisionary Jurisdiction u/s 263 Not Invocable Solely Based on PCITs Differing View: ITAT [Read Order]")