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
Contractual or Compulsive Transfer of Donation Fund does not fall under Voluntary Donation, which cannot be treated as application of fund towards object of Trust: ITAT directs Readjudication for granting Registration
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench held that contractual or compulsive transfer of donation funds did not fall under voluntary...
![Expense on account of Interest on Margin facility and late Payment to Brokers, Not in Nature of Penalty: ITAT allows Disallowance u/s 37(1) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Expense-Interest-Expense-on-account-of-Interest-Expense-on-account-of-Interest-on-Margin-facility-ITAT-taxscan.jpg "Expense on account of Interest on Margin facility and late Payment to Brokers, Not in Nature of Penalty: ITAT allows Disallowance u/s 37(1) [Read Order]")
![Non-Awareness of Tax Payment: ITAT deletes Penalty u/s 271(1)(c) of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Non-Awareness-of-Tax-Payment-ITAT-deletes-Penalty-Income-Tax-Act-TAXSCAN.jpg "Non-Awareness of Tax Payment: ITAT deletes Penalty u/s 271(1)(c) of Income Tax Act [Read Order]")
![Cash generated from Sales and duly recorded in Books of Account cant be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Cash-generated-Sales-and-duly-Books-of-Account-Unexplained-Cash-Credit-Income-Tax-Act-ITAT-TAXSCAN.jpg "Cash generated from Sales and duly recorded in Books of Account cant be treated as Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]")
![Imposition of Income tax Addition is not Justified when Additional Amount towards Purchase of Land is made by other Two Co-owners : ITAT Condones Delay of 1494 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Imposition-Income-tax-Addition-Additional-Amount-Purchase-Land-Two-Co-owners-ITAT-Condones-Delay-TAXSCAN.jpg "Imposition of Income tax Addition is not Justified when Additional Amount towards Purchase of Land is made by other Two Co-owners : ITAT Condones Delay of 1494 Days [Read Order]")
Expenses involving Freebies to the Doctors to be Disallowed u/s 37 of Income Tax Act: ITAT Restores matter to AO for Re-adjudication [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal held that expenses involving freebies to the doctors given by pharmaceutical companies is subject to disallowance under Section 37(1) of the...
![Expenses involving Freebies to the Doctors to be Disallowed u/s 37 of Income Tax Act: ITAT Restores matter to AO for Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Expenses-involving-Freebies-to-the-Doctors-Freebies-to-the-Doctors-Income-Tax-Act-ITAT-Restores-matter-to-AO-Re-adjudication-taxscan.jpg "Expenses involving Freebies to the Doctors to be Disallowed u/s 37 of Income Tax Act: ITAT Restores matter to AO for Re-adjudication [Read Order]")
AO has no Power to Reopen Assessment when an Order is passed by Income Tax Settlement Commission u/s 245D of Income Tax Act: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the Assessing Officer has no power to reopen the assessment when an order is passed by the Income Tax Settlement Commission...
![AO has no Power to Reopen Assessment when an Order is passed by Income Tax Settlement Commission u/s 245D of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/AO-has-no-Power-Reopen-Assessment-Order-is-passed-Income-Tax-Settlement-Commission-Income-Tax-Act-ITAT-TAXSCAN.jpg "AO has no Power to Reopen Assessment when an Order is passed by Income Tax Settlement Commission u/s 245D of Income Tax Act: ITAT [Read Order]")
Deletion of Disallowance of Expenditure on Education u/s 37 of Income Tax Act is justified as Assessee Furnished Detailed Information Related to Education fees of Director: ITAT Dismisses Revenue Appeal
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) held that the deletion of the disallowance of Education Expenditure under Section 37 of the Income Tax Act,1961 is justified because the...
Land Sold by Assessee is Agricultural Land and doesn't qualify as "Capital Asset" in terms of Section 2(14)(iii) of Income Tax Act : ITAT Sets aside Income Tax Addition [Read Order]
The Ahmedabad Bench of Income Tax Act Appellate Tribunal (ITAT) held that land sold by assessee is agricultural Land and did not qualify as “capital asset” in terms of Section 2(14)(iii) of the...
![Land Sold by Assessee is Agricultural Land and doesnt qualify as Capital Asset in terms of Section 2(14)(iii) of Income Tax Act : ITAT Sets aside Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Land-Sold-Assessee-Agricultural-Land-Capital-Asset-Income-Tax-Act-ITAT-Sets-aside-Income-Tax-TAXSCAN.jpg "Land Sold by Assessee is Agricultural Land and doesnt qualify as Capital Asset in terms of Section 2(14)(iii) of Income Tax Act : ITAT Sets aside Income Tax Addition [Read Order]")
Income from Charitable Activities reflected as "Income from Other Sources" by mere Punching Error: ITAT grants exemption u/s 11 of Income Tax Act [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) grants an exemption under Section 11 of the Income Tax Act, 1961 as the income from charitable activities was reflected as income from...
![Income from Charitable Activities reflected as Income from Other Sources by mere Punching Error: ITAT grants exemption u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Income-Charitable-Activities-Income-Other-Sources-Punching-Error-ITAT-grants-exemption-Income-Tax-Act-taxscan.jpg "Income from Charitable Activities reflected as Income from Other Sources by mere Punching Error: ITAT grants exemption u/s 11 of Income Tax Act [Read Order]")
Contribution made Towards fund is Business Expenditure, Allowable u/s 37(1) of Income Tax Act even if fund was Unapproved by Income Tax Department: ITAT Allows Gratuity Premium Towards LIC [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) has allowed the gratuity premium paid towards the Life Insurance Corporation (LIC) holding that the contribution made towards fund is...
![Contribution made Towards fund is Business Expenditure, Allowable u/s 37(1) of Income Tax Act even if fund was Unapproved by Income Tax Department: ITAT Allows Gratuity Premium Towards LIC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Contribution-Towards-fund-Business-Expenditure-Allowable-Income-Tax-Act-Unapproved-Income-Tax-Department-ITAT-Allows-Gratuity-Premium-Towards-LIC-taxscan.jpg "Contribution made Towards fund is Business Expenditure, Allowable u/s 37(1) of Income Tax Act even if fund was Unapproved by Income Tax Department: ITAT Allows Gratuity Premium Towards LIC [Read Order]")
Assessment Order passed in Name of Non-Existent Entity after getting Intimation of Amalgamation shall be "Void Ab Initio": ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the assessment order passed in the name of a non-existent entity after getting intimation of amalgamation shall be void ab...
![Assessment Order passed in Name of Non-Existent Entity after getting Intimation of Amalgamation shall be Void Ab Initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Assessment-Order-Non-Existent-Entity-Intimation-of-Amalgamation-ITAT-taxscan.jpg "Assessment Order passed in Name of Non-Existent Entity after getting Intimation of Amalgamation shall be Void Ab Initio: ITAT [Read Order]")