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
![FDRs Created as Business Necessity Mandated by PNB for Infrastructure Project Financing: ITAT allows Deduction u/s 80-IA(4) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Income-Tax-TAXSCAN.jpg "FDRs Created as Business Necessity Mandated by PNB for Infrastructure Project Financing: ITAT allows Deduction u/s 80-IA(4) [Read Order]")
FDRs Created as Business Necessity Mandated by PNB for Infrastructure Project Financing: ITAT allows Deduction u/s 80-IA(4) [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) allowed a deduction under Section 80-IA(4) of the Income Tax Act, 1961, stating...
![Substitution of Legally Sustainable View taken by AO u/s 263 Revision Proceedings Invalid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Principal-Commissioner-of-Income-Tax-PCIT-Substitution-of-Legally-Section-263-of-the-Income-Tax-Act-TAXSCAN.jpg "Substitution of Legally Sustainable View taken by AO u/s 263 Revision Proceedings Invalid: ITAT [Read Order]")
![Rejecting Records Solely due to Handwritten Form Is unjust without considering Taxpayer’s Explanation and Business Context: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Rejecting-Records-Solely-Records-Solely-Handwritten-Form-Taxpayers-Explanation-taxscan.jpg "Rejecting Records Solely due to Handwritten Form Is unjust without considering Taxpayer’s Explanation and Business Context: ITAT [Read Order]")
![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]")
![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]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the ruling of the Commissioner of Income Tax (Appeals) [CIT(A)], which deleted a ₹2 crore addition to the income of the Tourism...
![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]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) upheld the deletion of the ₹8 crores addition made under Section 68 of the Income Tax Act,1961,due to insufficient evidence to support the...
![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]")