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
![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 "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]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case back to the Assessing Officer ( AO ) due to the assessee's failure to...
![Once Cash Withdrawals are Proven, Burden Shifts to Income Tax Dept to Disprove their Use for Deposits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Cash-Withdrawal-Income-Tax-Dept-Income-Tax-Income-Tax-Dept-disproving-deposits-Taxscan.jpg "Once Cash Withdrawals are Proven, Burden Shifts to Income Tax Dept to Disprove their Use for Deposits: ITAT [Read Order]")
![ITAT remands Shell Energy Indias TP Determination Matter After TPO Mistakes Regasification Payment for Operational Support [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Shell-Energy-Transfer-Pricing-Officer-TPO-Regasification-Payment-ITAT-remand-Shell-Energy-Taxscan.jpg "ITAT remands Shell Energy Indias TP Determination Matter After TPO Mistakes Regasification Payment for Operational Support [Read Order]")
![Onus on AO to Prove unreasonableness in Expenditure when invoking Section 40A(2)(b) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Onus-on-AO-Prove-unreasonableness-Expenditure-invoking-Income-Tax-Act-ITAT-taxscan.jpg "Onus on AO to Prove unreasonableness in Expenditure when invoking Section 40A(2)(b) of Income Tax Act: ITAT [Read Order]")
![AO incorrectly applied S. 37 on already disallowed Penalty: ITAT deletes Penalty to prevent Double Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/AO-incorrectly-already-disallowed-Penalty-ITAT-Penalty-prevent-Double-Addition-taxscan.jpg "AO incorrectly applied S. 37 on already disallowed Penalty: ITAT deletes Penalty to prevent Double Addition [Read Order]")
Revisionary Proceedings u/s 263 Income Tax Act cannot be invoked merely on Stock Valuation on Second Opinion: ITAT [Read Order]
In a recent ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) held that the revisionary proceedings under Section 263 Income Tax Act, 1961, cannot be invoked merely on stock...
![Revisionary Proceedings u/s 263 Income Tax Act cannot be invoked merely on Stock Valuation on Second Opinion: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Section-263-Income-Tax-Act-Stock-valuation-opinion-Stock-valuation-second-opinion-ITAT-taxscan.jpg "Revisionary Proceedings u/s 263 Income Tax Act cannot be invoked merely on Stock Valuation on Second Opinion: ITAT [Read Order]")
Sun Pharma Labs. Ltd.'s Software Upgradation Expenses classified as Revenue Expenditure: ITAT upholds CIT(A) Ruling [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals) [CIT(A)] ruling regarding Sun Pharma Laboratories Ltd.'s software upgradation expenses,...
![Sun Pharma Labs. Ltd.s Software Upgradation Expenses classified as Revenue Expenditure: ITAT upholds CIT(A) Ruling [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Income-Tax-Revenue-Expenditure-Sun-Pharma-Laboratories-Sun-Pharma-Income-tax-case-taxscan.jpg "Sun Pharma Labs. Ltd.s Software Upgradation Expenses classified as Revenue Expenditure: ITAT upholds CIT(A) Ruling [Read Order]")
Re-Deposits of Cash in Hand during Demonetisation: ITAT deletes ₹18.25 Lakh Addition [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) checked cash deposits made during the demonetisation period, ultimately deleting an addition of ₹18.25 lakh imposed by the Assessing...
![Re-Deposits of Cash in Hand during Demonetisation: ITAT deletes ₹18.25 Lakh Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Cash-Deposit-Re-deposit-during-Demonitisation-TAT-deletes-Addition-Income-Tax-taxscan.jpg "Re-Deposits of Cash in Hand during Demonetisation: ITAT deletes ₹18.25 Lakh Addition [Read Order]")
No Due Date for Employees' Contributions to NPS in PFRDA Act, Deposits before ITR Filing Valid: ITAT rules in Favor of Adani Electricity [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that the Pension Fund Regulatory and Development Authority ( PFRDA ) Act does not prescribe a specific due date for employees'...
![No Due Date for Employees Contributions to NPS in PFRDA Act, Deposits before ITR Filing Valid: ITAT rules in Favor of Adani Electricity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-NPS-in-PFRDA-Act-No-Due-Date-for-Employees-ITR-Filing-ITR-Adani-Electricity-taxscan.jpg "No Due Date for Employees Contributions to NPS in PFRDA Act, Deposits before ITR Filing Valid: ITAT rules in Favor of Adani Electricity [Read Order]")
ITAT Cancels ₹20,29,394 Penalty u/s 271AAA, Highlighting Variations in Income Assessment Calculations [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) canceled a penalty of ₹20,29,394 imposed under Section 271AAA of the Income Tax Act,1961 emphasizing the significant variations in income...
![ITAT Cancels ₹20,29,394 Penalty u/s 271AAA, Highlighting Variations in Income Assessment Calculations [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-cancels-Penalty-Highlighting-Variations-Income-Assessment-Calculations-taxscan.jpeg "ITAT Cancels ₹20,29,394 Penalty u/s 271AAA, Highlighting Variations in Income Assessment Calculations [Read Order]")
ITAT Grants Full Deduction u/s 80P: Rules Income from Cooperative Banks Eligible for Tax Relief [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) ruled in favour of the assessee allowing full deductions under Section 80P of the Income Tax Act,1961Â for income earned from cooperative...
![ITAT Grants Full Deduction u/s 80P: Rules Income from Cooperative Banks Eligible for Tax Relief [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-ITAT-Grants-Full-Deduction-Cooperative-Bank-Tax-Relief-Tax-Relief-for-Cooperative-Banks-taxscan.jpg "ITAT Grants Full Deduction u/s 80P: Rules Income from Cooperative Banks Eligible for Tax Relief [Read Order]")
Government Grants for Specific Purposes Not Recognized as Income Until Utilized: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that government grants received for specific purposes, such as the ₹50,00,000 grant under the Rashtriya Krishi Vikas Yojana (RKVY),...
![Government Grants for Specific Purposes Not Recognized as Income Until Utilized: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Ahmedabad-Income-Tax-Rashtriya-Krishi-Vikas-Yojana-RKVY-Grant-utilization-Income-Tax-Appellate-Tribunal-taxscan.jpg "Government Grants for Specific Purposes Not Recognized as Income Until Utilized: ITAT [Read Order]")