Begin typing your search above and press return to search.
![ITAT Quashes ₹4.27 cr Addition in Alleged Bogus LTCG from Penny Stock Transactions Citing Lack of Fair Opportunity for Senior Citizen [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]](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]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) quashed the Rs. 4,27,83,714 addition alleged bogus long-term capital gains ( LTCG )...



![Curable Defect in Form 35A: ITAT Sets Aside DRP Order [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)
![Revisionary Jurisdiction u/s 263 Not Invocable Solely Based on PCITs Differing View: ITAT [Read Order] 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)
![ITAT Grants Registration u/s 12AB, Clarifying That S.13(1)(b) Applies Only at the Assessment Stage [Read Order] ITAT Grants Registration u/s 12AB, Clarifying That S.13(1)(b) Applies Only at the Assessment Stage [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-ITAT-Ahmedabad-ITAT-Grants-Registration-section-12AB-section-12AB-Income-Tax-Act-TAXSCAN.jpg)
![Disallowance of Interest Expenses: ITAT remands Matter for Fresh Adjudication [Read Order] Disallowance of Interest Expenses: ITAT remands Matter for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Assessing-Officer-TAXSCAN.jpg)
![ITAT Allows Deduction of Bad Debts, Holding Write-Off in Books as Sufficient Compliance u/s 36(1)(vii) [Read Order] ITAT Allows Deduction of Bad Debts, Holding Write-Off in Books as Sufficient Compliance u/s 36(1)(vii) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-Ahmedabad-TAXSCAN.jpg)
![Income from Ancillary Activities to Primary Operations: ITAT upholds Revision Order allowing Alternate Claim of Co-Op Society u/s 80P(2)(e) [Read Order] Income from Ancillary Activities to Primary Operations: ITAT upholds Revision Order allowing Alternate Claim of Co-Op Society u/s 80P(2)(e) [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-ITAT-upholds-Revision-Order-Ancillary-Activities-allowing-Alternate-Claim-Alternate-Claim-Alternate-Claim-of-Co-Op-Society-taxscan.jpg)
![Section 80P Inserted to Encourage Growth of Co-Operative Societies: ITAT [Read Order] Section 80P Inserted to Encourage Growth of Co-Operative Societies: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Appellate-Tribunal-ITAT-AHMEDABAD-Section-80P-cooperative-societies-growth-of-cooperative-societies-TAXSCAN.jpg)
![Purchases Supported by Bills, Entries Made in Books and Payment made by Cheque not Bogus: ITAT [Read Order] Purchases Supported by Bills, Entries Made in Books and Payment made by Cheque not Bogus: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Ahmedabad-ITAT-ruling-on-bill-supported-purchases-TAXSCAN-1.jpg)
![No Disallowance u/s 43B for unclaimed GST due to Lack of Deduction: ITAT allows Appeal [Read Order] No Disallowance u/s 43B for unclaimed GST due to Lack of Deduction: ITAT allows Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-GST-Unclaimed-GST-Income-Tax-ITAT-Allows-Appeal-Section-43B-of-Income-Tax-Act-Taxscan.jpg)
![ITAT directs DRP to reconsider Assessees Objection Over Signature Irregularity [Read Order] ITAT directs DRP to reconsider Assessees Objection Over Signature Irregularity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Ahmedabad-Income-Tax-Dispute-Resolution-Panel-ITAT-taxscan.jpeg)
![Failure to Prove Loan Credibility: ITAT Remands Case to AO for Fresh Adjudication [Read Order] Failure to Prove Loan Credibility: ITAT Remands Case to AO for Fresh Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Loan-Adjudication-Taxscan.jpg)