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
Claim for Deduction on Land vacation Compensation Charges allowed without specific enquiry: ITAT upholds Revisional Order
Claim for deduction on account of land vacation compensation charges allowed without specific enquiry by the AO, the Ahmedabad bench of Income Tax...
![No Provision for prior period Expenses u/s 115JB(2), Addition not permissible: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/prior-period-expenses-ITAT-taxscan.jpg "No Provision for prior period Expenses u/s 115JB(2), Addition not permissible: ITAT [Read Order]")
![Actual Write-off of doubtful Debts from Corresponding amounts and shown in the Balance Sheet, Addition u/s 115 JB not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/write-off-debts-balance-sheet-ITAT-taxscan.jpg "Actual Write-off of doubtful Debts from Corresponding amounts and shown in the Balance Sheet, Addition u/s 115 JB not sustainable: ITAT [Read Order]")
![True Copies submitted before Income Tax Authorities do not have Evidentiary Value: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Evidentiary-Value-ITAT-taxscan.jpg "True Copies submitted before Income Tax Authorities do not have Evidentiary Value: ITAT [Read Order]")
![Interest on FDR can be treated as Income from Other Sources under Sec 56, If claim of 80P got rejected: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Interest-FDR-income-from-other-sources-ITAT-taxscan-1.jpg "Interest on FDR can be treated as Income from Other Sources under Sec 56, If claim of 80P got rejected: ITAT [Read Order]")
Interest received by Bank post Liquidation can’t be Taxed if diverted at Source as per DICGCI: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that Interest received by the bank post liquidation can’t e taxed if diverted at source as per the provision of the Deposit,...
![Interest received by Bank post Liquidation can’t be Taxed if diverted at Source as per DICGCI: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Interest-bank-post-liquidation-DICGCI-ITAT-taxscan.jpg "Interest received by Bank post Liquidation can’t be Taxed if diverted at Source as per DICGCI: ITAT [Read Order]")
![Share Trading through Benami: ITAT upholds Denial of Claim of Business Loss [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Share-Trading-Benami-ITAT-Business-Loss-taxscan.jpeg "Share Trading through Benami: ITAT upholds Denial of Claim of Business Loss [Read Order]")
Deposit of Demonetized Currency proved with the Bank Statement, Addition u/s 69A not sustainable: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad has held that when the deposit on the bank with the demonetized currency during the demonetization period was proved with the bank statement the...
![Deposit of Demonetized Currency proved with the Bank Statement, Addition u/s 69A not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Deposit-demonetised-currency-bank-statement-ITAT-taxscan.jpg "Deposit of Demonetized Currency proved with the Bank Statement, Addition u/s 69A not sustainable: ITAT [Read Order]")
Income Tax Dept cannot treat Same Transaction of Sale of Property by Co-Owners: ITAT deletes Application of S. 50C [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax department cannot treat the same income received as sale consideration from the same property by co-owners...
![Income Tax Dept cannot treat Same Transaction of Sale of Property by Co-Owners: ITAT deletes Application of S. 50C [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Dept-Sale-of-Property-ITAT-taxscan.jpeg "Income Tax Dept cannot treat Same Transaction of Sale of Property by Co-Owners: ITAT deletes Application of S. 50C [Read Order]")
Relief to ONGC: No TDS liability in absence of use of Patent/Copyright against Royalty paid, rules ITAT [Read Order]
In a significant ruling in the case of ONGC, the Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has ruled that TDS liability does not arise in the absence of use of patent or copyright...
![Relief to ONGC: No TDS liability in absence of use of Patent/Copyright against Royalty paid, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/ONGC-TDS-liability-patent-copyright-royalty-paid-ITAT-taxscan.jpg "Relief to ONGC: No TDS liability in absence of use of Patent/Copyright against Royalty paid, rules ITAT [Read Order]")
'Bonafide- Silly Mistakes' in Tax Audit Report would not attract Income Tax penalty: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench has held that bonafide and silly mistakes in the tax audit report would not result into imposition of penalty under section 271(1)(c) of the...
![Bonafide- Silly Mistakes in Tax Audit Report would not attract Income Tax penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Tax-Audit-Report-Income-Tax-penalty-ITAT-taxscan.jpeg "Bonafide- Silly Mistakes in Tax Audit Report would not attract Income Tax penalty: ITAT [Read Order]")
Decision taken by Authorities in Previous Year would not estop or operate as res judicata for Subsequent Year: ITAT [Read Order]
Decision taken by authorities in previous year would not estop or operate as res judicata for subsequent year, so was held by the Income Tax Appellate Tribunal (ITAT), Ahmedabad. The assessee,...
![Decision taken by Authorities in Previous Year would not estop or operate as res judicata for Subsequent Year: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/authorities-ITAT-taxscan.jpeg "Decision taken by Authorities in Previous Year would not estop or operate as res judicata for Subsequent Year: ITAT [Read Order]")