ITAT Ahmedabad Judgments, Orders & News | Income Tax Appellate Tribunal

Top

Begin typing your search above and press return to search.

Home
»
ITAT Ahmedabad

ITAT quashes PCIT Directions on TDS under Section 194J and Closing Stock Valuation [Read Order]

Manu Sharma

In partial relief to an assessee, the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has quashed two major directions issued by the...

ITAT upholds Revision on AO's Lapses in Verifying TDS on Rent and Unsecured Loans [Read Order]

ITAT upholds PCIT Order on Depreciation Disallowance, holds AO Ignored Rental Terms and Asset Usage...

ITAT sets aside PCIT Order on Revenue Recognition, Holds No Revenue Prejudice as Income Declared in...

ITAT directs De Novo Proceedings due to lack of Evidence to substantiate Deffered Revenue in P & L...

ITAT Upholds Tax on Unsold Inventory as 'Income from House Property,' Directs Recalculation of ALV Based on Market Rates [Read Order]

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the taxability of unsold flats held as stock-in-trade under the head "Income from House Property," while remanding the...

ITAT Restores Trust’s 12AB Registration Application: Finds Rejection Based Solely on Procedural Lapse, Violates Principles of Natural Justice [Read Order]

The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) set aside an order passed by the Commissioner of Income Tax (Exemption) [CIT(E)], which had rejected the registration application of...

Accommodation Entry Transactions: ITAT quashes Revision Order upholding Plausible View by AO [Read Order]

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a revision order passed under Section 263 of the Income Tax Act, 1961, in a case involving alleged accommodation entry...

Sale of REC/ Carbon Credits are Capital Receipt: ITAT Quashes Demand [Read Order]

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that income earned from the sale of Renewable Energy Certificates (RECs), also referred to as carbon credits, constitutes a...

AO Neither Rejects Nor Accepts Rectification Application on TDS credit: ITAT Remands Rs. 35k TDS Credit of Trust for Reassessment [Read Order]

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has remanded the matter to the Assessing Officer (AO) for fresh adjudication, directing verification of a Tax Deducted at Source...

ITAT Deletes Addition u/s 56(2)(x); Holds Sale Price Below Stamp Duty Value Justified Due to Title Dispute, Variation Within 5% Threshold

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted an addition of ₹16,12,245 made under section 56(2)(x) of the Income Tax Act,1961, holding that the variation between the sale ...

Section 80G Registration Denial: ITAT remands Utilization of Total Income towards Religious Purposes for Reverification [Read Order]

In a significant ruling for charitable trusts seeking tax‐exempt status, the Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench has set aside the Commissioner of Income Tax (Exemption)’s refusal...

Prev Page Next Page