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
![ITAT Delivers Twin Blow to Revenue; Upholds 80-IA on Amalgamated Units, Caps 14A at Actual Exempt Income [Read Order]](https://images.taxscan.in/h-upload/2025/09/28/2091861-itat-delivers-revenue-upholds-80-ia-amalgamated-units-caps-14a-actual-exempt-income-taxscan.webp "ITAT Delivers Twin Blow to Revenue; Upholds 80-IA on Amalgamated Units, Caps 14A at Actual Exempt Income [Read Order]")
ITAT Delivers Twin Blow to Revenue; Upholds 80-IA on Amalgamated Units, Caps 14A at Actual Exempt Income [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has dismissed the Revenue’s appeal and allowed the Cross Objection providing a dual ...
![Addition of Rs. 1,17,538/- u/s 68 for Penny Stock Transactions: ITAT Deletes Addition as Assessee Incurred Short-Term Capital Loss, Not LTCG [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091295-short-term-capital-loss-taxscan.webp "Addition of Rs. 1,17,538/- u/s 68 for Penny Stock Transactions: ITAT Deletes Addition as Assessee Incurred Short-Term Capital Loss, Not LTCG [Read Order]")
![80G Approval Rejected over Religious Object: ITAT Directs CIT(E) to Verify 5% Spending Limit [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/2091292-itat-ahmedabad-80-taxscan.webp "80G Approval Rejected over Religious Object: ITAT Directs CIT(E) to Verify 5% Spending Limit [Read Order]")
![Relief for Maxxis Rubber as ITAT Rejects PCIT’s Interpretation of Depreciation u/S. 263 [Read Order]](https://images.taxscan.in/h-upload/2025/09/25/2090826-maxxis-rubber-itat-pcit-taxscan.webp "Relief for Maxxis Rubber as ITAT Rejects PCIT’s Interpretation of Depreciation u/S. 263 [Read Order]")
Foreign Currency Derivative Losses Allowed as Business Expenditure: ITAT quashes Revisionary Income Tax Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has quashed a revisionary order passed under Section 263 of the Income Tax Act, 1961, by the Principal Commissioner of Income Tax. The Tribunal...
![Foreign Currency Derivative Losses Allowed as Business Expenditure: ITAT quashes Revisionary Income Tax Order [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090135-foreign-currency-derivative-losses-business-expenditure-taxscan.webp "Foreign Currency Derivative Losses Allowed as Business Expenditure: ITAT quashes Revisionary Income Tax Order [Read Order]")
Co-Op Society cannot Claim Income Tax Deduction on Interest from Regional Rural Bank Deposits: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has ruled that interest earned from deposits with Regional Rural Banks (RRBs) is not eligible for deduction under Section 80P of the Income Tax...
![Co-Op Society cannot Claim Income Tax Deduction on Interest from Regional Rural Bank Deposits: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/09/23/2090126-itat-section-80p-rural-banks-taxscan.webp "Co-Op Society cannot Claim Income Tax Deduction on Interest from Regional Rural Bank Deposits: ITAT [Read Order]")
Loans from Sister Concern Treated as Deemed Dividend u/s 2(22)(e): ITAT Deletes Addition, Treating It as Business Current Account with Interest Repayment [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted the addition of deemed dividend under section 2(22)(e) of Income Tax Act,1961, on loans received from a sister concern,...
![Loans from Sister Concern Treated as Deemed Dividend u/s 2(22)(e): ITAT Deletes Addition, Treating It as Business Current Account with Interest Repayment [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/2089037-itat-ahmedabad-loans-interest-repayment-taxscan.webp "Loans from Sister Concern Treated as Deemed Dividend u/s 2(22)(e): ITAT Deletes Addition, Treating It as Business Current Account with Interest Repayment [Read Order]")
Disallowance of Rs.6.78 Lakh Cash Deposits as Unexplained Investment: ITAT Allows Claim Based on Agricultural, Transportation, and Family Income [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) allowed an appeal against the disallowance of Rs.6.78 lakh cash deposits under section 69 of Income Tax Act,1961 as unexplained...
![Disallowance of Rs.6.78 Lakh Cash Deposits as Unexplained Investment: ITAT Allows Claim Based on Agricultural, Transportation, and Family Income [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/2089024-itat-ahmedabad-disallowance-unexplained-investment-taxscan.webp "Disallowance of Rs.6.78 Lakh Cash Deposits as Unexplained Investment: ITAT Allows Claim Based on Agricultural, Transportation, and Family Income [Read Order]")
Unexplained Investment of ₹10.33 lakh in Immovable Property u/s 69: ITAT Deletes Addition considering Retirement benefits and Loan support [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) deleted an addition of ₹10.33 lakh under section 69 of IncomeTax Act,1961 for unexplained investment in immovable property, considering...
![Unexplained Investment of ₹10.33 lakh in Immovable Property u/s 69: ITAT Deletes Addition considering Retirement benefits and Loan support [Read Order]](https://images.taxscan.in/h-upload/2025/09/20/2089015-investment-itat-retirement-benefits-taxscan.webp "Unexplained Investment of ₹10.33 lakh in Immovable Property u/s 69: ITAT Deletes Addition considering Retirement benefits and Loan support [Read Order]")
Sales Tax Subsidy under Backward Area Development Scheme Classified as Capital Receipt: ITAT Excludes Computation u/s. 115JB [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad, held that sales tax subsidy received under a state industrial incentive scheme is a capital receipt not liable to tax under the Income Tax Act,...
![Sales Tax Subsidy under Backward Area Development Scheme Classified as Capital Receipt: ITAT Excludes Computation u/s. 115JB [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087575-capital-receipt-taxscan.webp "Sales Tax Subsidy under Backward Area Development Scheme Classified as Capital Receipt: ITAT Excludes Computation u/s. 115JB [Read Order]")
Excess Depreciation on Intangible Assets Allowed: ITAT Upholds Consistency in Nirma’s Case [Read Order]
The Income Tax Appellate Tribunal (ITAT), ITAT Ahmedabad Bench, has ruled in favor of the assessee on the issue of depreciation claimed on intangible assets, rejecting the Revenue’s attempt to...
![Excess Depreciation on Intangible Assets Allowed: ITAT Upholds Consistency in Nirma’s Case [Read Order]](https://images.taxscan.in/h-upload/2025/09/15/2087570-itat-ahmedabad-excess-depreciation-intangible-assets-taxscan.webp "Excess Depreciation on Intangible Assets Allowed: ITAT Upholds Consistency in Nirma’s Case [Read Order]")