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
![Shares held as Investment can be allowed as Long-Term Capital Gain: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Share-Investment-Long-Term-Capital-Gain-ITAT-taxscan.jpg "Shares held as Investment can be allowed as Long-Term Capital Gain: ITAT [Read Order]")
Shares held as Investment can be allowed as Long-Term Capital Gain: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the share held as an investment can be allowed as a long-term capital gain....
![Secret Commission paid to Middlemen in Cheque Discounting Business Eligible for 50% Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Commission-Cheque-Discounting-Business-Eligible-Deduction-ITAT-TAXSCAN.jpg "Secret Commission paid to Middlemen in Cheque Discounting Business Eligible for 50% Deduction: ITAT [Read Order]")
![Disallowance u/s 36(1)(iii) not permissible on the Ground of Absence of Business-related activity: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/business-related-activity-business-ITAT-Taxscan.jpg "Disallowance u/s 36(1)(iii) not permissible on the Ground of Absence of Business-related activity: ITAT [Read Order]")
![Advertisement Expenses incurred for Personal purposes not allowable as Deduction u/s 37(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Advertisement-Expenses-Deduction-ITAT-taxscan.jpg "Advertisement Expenses incurred for Personal purposes not allowable as Deduction u/s 37(1): ITAT [Read Order]")
![No Demonstration as to How Order passed by AO is erroneous: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Demonstration-ITAT-Revision-Order-Taxscan.jpg "No Demonstration as to How Order passed by AO is erroneous: ITAT quashes Revision Order [Read Order]")
Expenses to Musical Programme and Garba Event are Personal in Nature, No Income Tax deduction: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) held that income tax deduction is not allowable, as the expenses to musical programmes and Garbaevents are personal in nature. Dr...
![Expenses to Musical Programme and Garba Event are Personal in Nature, No Income Tax deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Expenses-Musical-Programme-Garba-Event-Personal-in-Nature-Income-Tax-deduction-Income-Tax-deduction-ITAT-taxscan.jpg "Expenses to Musical Programme and Garba Event are Personal in Nature, No Income Tax deduction: ITAT [Read Order]")
Object beneficial to a Section of Public also amounts to a Charitable Purpose, Exemption as Trust allowable u/s 12 AA: ITAT
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) has ruled that the object of the trust beneficial to a section of the public also amounts to a charitable purpose and exemption as a...
Addition under Deeming Provision of S. 50C cannot Attract Income Tax Penalty for 'Concealment of Income': ITAT [Read Order]
In an assessee-favouring ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the addition under section 50C, being a deeming provision cannot be a sole ground to attract...
![Addition under Deeming Provision of S. 50C cannot Attract Income Tax Penalty for Concealment of Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Deeming-Provision-Income-Tax-Penalty-Income-ITAT-TAXSCAN.jpg "Addition under Deeming Provision of S. 50C cannot Attract Income Tax Penalty for Concealment of Income: ITAT [Read Order]")
Receipt of Money through Banking Channel would not Make Transaction 'Genuine' If Transaction is Not Explained with Documents: ITAT [Read Order]
While directing a re-adjudication of a matter under section 68 of the Income Tax Act, 1961, the Income Tax Appellate Tribunal ( ITAT ), Ahmedabad bench has held that mere fact that the amount...
![Receipt of Money through Banking Channel would not Make Transaction Genuine If Transaction is Not Explained with Documents: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Receipt-of-Money-Banking-Channel-Transaction-Documents-ITAT-Taxscan.jpg "Receipt of Money through Banking Channel would not Make Transaction Genuine If Transaction is Not Explained with Documents: ITAT [Read Order]")
Expenses towards Renovation of Business Showrooms 'Revenue' in Nature: ITAT allows Income Tax Deduction to Skoda Dealers [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that the expenses incurred by the car dealers towards renovating its four business showrooms are revenue in nature for the purpose...
![Expenses towards Renovation of Business Showrooms Revenue in Nature: ITAT allows Income Tax Deduction to Skoda Dealers [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Renovation-Business-Revenue-Nature-ITAT-Income-Tax-Deduction-Skoda-Dealers-TAXSCAN.jpg "Expenses towards Renovation of Business Showrooms Revenue in Nature: ITAT allows Income Tax Deduction to Skoda Dealers [Read Order]")
Addition of Unexplained Income based on Information from SEBI not valid in Absence of Opportunity to produce Evidence: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the addition of Unexplained income based on information from SEBI is not valid in absence of an opportunity to produce...
![Addition of Unexplained Income based on Information from SEBI not valid in Absence of Opportunity to produce Evidence: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Addition-of-Unexplained-Income-Unexplained-Income-SEBI-Absence-of-Opportunity-Evidence-ITAT-Income-Tax-Income-taxscan.jpg "Addition of Unexplained Income based on Information from SEBI not valid in Absence of Opportunity to produce Evidence: ITAT [Read Order]")
Lack of Guidance by Tax Professionals in Filing Audit Report with Income Tax Return: ITAT grants Exemption u/s 11 of Income Tax Act to Educational Trust [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ), granted exemption under Section 11 of the Income Tax Act, 1961 to educational trust on lack of guidance by tax professionals. The...
![Lack of Guidance by Tax Professionals in Filing Audit Report with Income Tax Return: ITAT grants Exemption u/s 11 of Income Tax Act to Educational Trust [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Tax-Professionals-Tax-Filing-Audit-Report-Audit-Report-Income-Tax-Return-Income-Tax-ITAT-Income-Tax-Act-Educational-Trust-Trust-taxscan.jpg "Lack of Guidance by Tax Professionals in Filing Audit Report with Income Tax Return: ITAT grants Exemption u/s 11 of Income Tax Act to Educational Trust [Read Order]")