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
![Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surat-Pre-Demonetization-Cash-Deposit-Ex-Parte-Assessment-ITAT-remands-ex-parte-assessment-taxscan.jpg "Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]")
Agriculturist Claims Pre-Demonetization Cash Deposits: ITAT Remands Ex-Parte Assessment for Verification of Claim [Read Order]
The Surat Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the matter alleged cash deposit during the demonetization period back to the...
![AO adds ₹15 Lakh for Alleged Fake Loan given Based on Third-Party Information: ITAT deletes Addition Citing Genuine Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Surath-Fake-Loan-ITAT-Deletes-Addition-Genuine-Transaction-ITAT-deletes-15-lakh-addition-taxscan.jpg "AO adds ₹15 Lakh for Alleged Fake Loan given Based on Third-Party Information: ITAT deletes Addition Citing Genuine Transaction [Read Order]")
![ITAT Annual Digest [Part 67]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-Taxscan-ITAT-analysis-Income-Tax-Appellate-Tribunal-ITAT-annual-review-ITAT-judgments-Tax-tribunal-updates-taxscan.jpg "ITAT Annual Digest [Part 67]")
![ITAT Annual Digest [Part 50]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Tax-tribunal-updates-Income-Tax-Appellate-Tribunal-analysis-Income-tax-updates-2023-ITAT-taxscan.jpg "ITAT Annual Digest [Part 50]")
![ITAT Annual Digest [Part-41]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Tax-tribunal-updates-Income-Tax-Appellate-Tribunal-Income-tax-updates-2023-Income-Tax-taxscan.jpg "ITAT Annual Digest [Part-41]")
No Addition shall be made u/s 68 of Income Tax Act when creditworthiness of Loan provider through Banking Channel satisfactorily explained: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench, held that an addition shall not be made under section 68 of the Income Tax Act, 1961 when the creditworthiness of the loan provider through the...
![No Addition shall be made u/s 68 of Income Tax Act when creditworthiness of Loan provider through Banking Channel satisfactorily explained: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/addition-Income-Tax-Act-creditworthiness-of-loan-provider-banking-channel-satisfactorily-explained-ITAT-taxscan.jpg "No Addition shall be made u/s 68 of Income Tax Act when creditworthiness of Loan provider through Banking Channel satisfactorily explained: ITAT [Read Order]")
No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench held that no revision order could be passed on issues raised by the PCIT outside the scope of limited scrutiny. Therefore, the bench quashed the...
![No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/No-Revision-Order-Passed-On-Issue-Raised-By-PCIT-Outside-Scope-Limited-Scrutiny-Allows-Assessee-Appeal-ITAT-Income-Tax-TAXSCAN.jpg "No Revision Order can be passed on issue raised by PCIT outside scope of Limited Scrutiny: ITAT allows assessee Appeal [Read Order]")
ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench, quashed the revision order passed under Section 263 of the Income Tax Act, 1961, without following the principle of natural justice in respect...
![ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/ITAT-quashes-Revision-Order-Natural-Justice-Principle-Fixed-Assets-Revision-Order-ITAT-Income-Tax-Act-Income-Tax-TAXSCAN.jpg "ITAT quashes Revision Order passed without following Natural Justice Principle in respect of addition of Fixed Assets [Read Order]")
Deduction on account of Bad Debts are allowable, if bad debt is Written Off as irrecoverable in books of accounts: ITAT quashes Revision Order [Read Order]
The Income Tax Appellate Tribunal (ITAT), Surat bench held that deduction on account of bad debts is allowable if bad debt is written off as irrevocable in the books of accounts. Therefore, the bench...
![Deduction on account of Bad Debts are allowable, if bad debt is Written Off as irrecoverable in books of accounts: ITAT quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Deduction-account-Bad-Debts-Deduction-on-account-of-Bad-Debts-are-allowable-Written-Off-irrecoverable-taxscan.jpg "Deduction on account of Bad Debts are allowable, if bad debt is Written Off as irrecoverable in books of accounts: ITAT quashes Revision Order [Read Order]")
Non-compliance of Notice due to different Email ID on Form 35 and ITR: ITAT allows another opportunity to Assessee [Read Order]
The Surat bench of the Income Tax Appellate Tribunal (ITAT) allowed another opportunity to the assessee for non-compliance of notice due to a different email ID on Form 35 and the Income Tax Return...
![Non-compliance of Notice due to different Email ID on Form 35 and ITR: ITAT allows another opportunity to Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Non-compliance-of-Notice-Form-35-and-ITR-ITAT-Income-tax-act-Income-tax-different-Email-ID-allows-another-opportunity-opportunity-TAXSCAN.jpg "Non-compliance of Notice due to different Email ID on Form 35 and ITR: ITAT allows another opportunity to Assessee [Read Order]")
Addition u/s 56(2)(x) not sustainable when Conditions for purchase were as per Conditions mentioned in Allotment letter: ITAT [Read Order]
The Surat bench of the Income Tax Appellate Tribunal (ITAT) held that the additions under Section 56(2)(x) of the Income Tax Act, 1961 shall not be sustainable when the conditions for purchase were...
![Addition u/s 56(2)(x) not sustainable when Conditions for purchase were as per Conditions mentioned in Allotment letter: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Addition-sustainable-Conditions-sustainable-when-Conditions-for-purchase-were-as-per-Conditions-mentioned-in-Allotment-letter-ITAT-taxscan.jpg "Addition u/s 56(2)(x) not sustainable when Conditions for purchase were as per Conditions mentioned in Allotment letter: ITAT [Read Order]")
No Addition shall be imposed on Assessee when AO has failed to consider payment made towards Amenities included in Basic Cost of flat: ITAT [Read Order]
The Surat bench of the Income Tax Appellate Tribunal (ITAT) held that no addition shall be imposed on the assessee when the Assessing Officer has failed to consider the payment made towards the...
![No Addition shall be imposed on Assessee when AO has failed to consider payment made towards Amenities included in Basic Cost of flat: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-Addition-shall-be-imposed-on-Assessee-payment-made-towards-Amenities-Cost-of-flat-ITAT-payment-Amenities-taxscan.jpg "No Addition shall be imposed on Assessee when AO has failed to consider payment made towards Amenities included in Basic Cost of flat: ITAT [Read Order]")