ITAT Surat
Explore the latest ITAT Surat judgments, orders, and appellate decisions on direct tax matters from the Surat bench of the Income Tax Appellate Tribunal
Section 115BBE not applicable to Undisclosed Assets Deposited in Bank Post-Demonetization when Assets found in premises prior to Demonetization: ITAT
The Surat Bench of Income Tax Appellate Tribunal (ITAT) has held that Section 115BBE of the Income Tax Act 1961 would not be applicable as the...
![No Addition during Reassessment once Genuineness of Transaction is Proven: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Addition-during-Reassessment-once-Genuineness-of-Transaction-is-Proven-ITAT-TAXSCAN.jpg "No Addition during Reassessment once Genuineness of Transaction is Proven: ITAT [Read Order]")
![Order cannot be treated as “Erroneous” If PCIT thinks that “the Order should have been Written More Elaborately”: ITAT Quashes Revision [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Order-Erroneous-PCIT-ITAT-Revision-Income-Tax-Taxscan.jpg "Order cannot be treated as “Erroneous” If PCIT thinks that “the Order should have been Written More Elaborately”: ITAT Quashes Revision [Read Order]")
![No Deemed Registration if Income Tax Department Not Deciding Registration Application u/s 12AA within a Period of Six Months: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Deemed-Registration-Income-Tax-Department-Registration-Application-ITAT-TAXSCAN.jpg "No Deemed Registration if Income Tax Department Not Deciding Registration Application u/s 12AA within a Period of Six Months: ITAT [Read Order]")
![Genuine Claim of Loss of Documents due to Flood: ITAT Allows TDS Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Genuine-Claim-Loss-of-Documents-Flood-ITAT-TDS-Credit-TDS-taxscan-.jpg "Genuine Claim of Loss of Documents due to Flood: ITAT Allows TDS Credit [Read Order]")
Income Tax Deduction under Sec 80 IB allowable even If Goods were not manufactured by own plant and machinery: ITAT [Read Order]
The Surat bench of the Income Tax Appellate Tribunal (ITAT) has held that the income tax deduction under section 80 IB of the Income Tax Act,1961 is allowable even if the goods were not manufactured...
![Income Tax Deduction under Sec 80 IB allowable even If Goods were not manufactured by own plant and machinery: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-deduction-section-80-IB-plant-and-machinery-ITAT-taxscan.jpeg "Income Tax Deduction under Sec 80 IB allowable even If Goods were not manufactured by own plant and machinery: ITAT [Read Order]")
Deduction u/s 80IA (iv) Computed with respect to each Unit Independently, without Clubbing Loss of another Unit: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench presided by Dr. Arjun Lal Saini, Accountant Member has held that deduction under section 80IA (iv) computed with respect to each unit...
![Deduction u/s 80IA (iv) Computed with respect to each Unit Independently, without Clubbing Loss of another Unit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Deduction-Unit-ITAT-taxscan.jpg "Deduction u/s 80IA (iv) Computed with respect to each Unit Independently, without Clubbing Loss of another Unit: ITAT [Read Order]")
![TDS Credit disallowed without verifying fact is not sustainable: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/TDS-credit-ITAT-taxscan.jpeg "TDS Credit disallowed without verifying fact is not sustainable: ITAT [Read Order]")
Unregistered Document has No Evidentiary Value: ITAT upholds Denial of Capital Gain Exemption u/s 54 [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench has upheld the denial of capital gain exemption under section 54 by holding that an unregistered document has no evidentiary value. The...
![Unregistered Document has No Evidentiary Value: ITAT upholds Denial of Capital Gain Exemption u/s 54 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Capital-Gain-Exemption-taxscan.jpeg "Unregistered Document has No Evidentiary Value: ITAT upholds Denial of Capital Gain Exemption u/s 54 [Read Order]")
Income Tax Dept shall not Deny TDS Credit to Assessee once It is Deducted by Employer/Deductor and not Deposited with Govt: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench comprising Shri Pawan Singh, JM & Dr. A.L.Saini, AM has allowed a claim of TDS credit to the assessee by observing that the same cannot be...
![Income Tax Dept shall not Deny TDS Credit to Assessee once It is Deducted by Employer/Deductor and not Deposited with Govt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Income-Tax-Dept-TDS-Credit-Assessee-Employer-Deductor-ITAT-Taxscan.jpeg "Income Tax Dept shall not Deny TDS Credit to Assessee once It is Deducted by Employer/Deductor and not Deposited with Govt: ITAT [Read Order]")
Capital Gain on account of Compulsory Acquisition of Land is not Taxable, exemption u/s 10(37) can claim: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench has held that the addition of capital gain on account of compulsory acquisition of land is not taxable and can claim exemption u/s10 (37) of...
![Capital Gain on account of Compulsory Acquisition of Land is not Taxable, exemption u/s 10(37) can claim: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Capital-gain-Acquisition-land-ITAT-taxscan.jpg "Capital Gain on account of Compulsory Acquisition of Land is not Taxable, exemption u/s 10(37) can claim: ITAT [Read Order]")
Survey cannot be converted into Search by Income Tax Authority without Recording satisfaction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat Bench has held that the survey cannot be converted into search by Income Tax Authority without recording satisfaction. The assessee firm, Raj...
![Survey cannot be converted into Search by Income Tax Authority without Recording satisfaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/Income-Tax-Department-Unaccounted-income-Taxscan.jpg "Survey cannot be converted into Search by Income Tax Authority without Recording satisfaction: ITAT [Read Order]")