![Validity of Cash Deposits as Agricultural Income u/s 68: ITAT Finds Addition Unjustifiable [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Section-68-of-Income-Tax-Act-Cash-Deposits-as-Agricultural-Income-taxscan.jpg "Validity of Cash Deposits as Agricultural Income u/s 68: ITAT Finds Addition Unjustifiable [Read Order]")
Validity of Cash Deposits as Agricultural Income u/s 68: ITAT Finds Addition Unjustifiable [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT )Â found validity of cash deposits as agricultural income under Section 68 of Income Tax...
![Disallowance of Deduction for Interest from Nationalized Bank u/s 80P(2)(a)(i): ITAT Remits Matter for Verification of Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Verification-of-Expenditure-Section-80P2ai-of-Income-Tax-Act-taxscan.jpg "Disallowance of Deduction for Interest from Nationalized Bank u/s 80P(2)(a)(i): ITAT Remits Matter for Verification of Expenditure [Read Order]")
![Expenditure u/s 57 Justified with Established Income Nexus: ITAT allows to claim Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Income-Tax-Section-57-of-Income-Tax-Act-taxscan.jpg "Expenditure u/s 57 Justified with Established Income Nexus: ITAT allows to claim Deduction [Read Order]")
![Co-operative Society Eligible for Deduction u/s 80P(2)(d) on Interest Earned from Fixed Deposits in Co-operative Bank: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Co-operative-Bank-Co-operative-Society-Taxscan.jpg "Co-operative Society Eligible for Deduction u/s 80P(2)(d) on Interest Earned from Fixed Deposits in Co-operative Bank: ITAT [Read Order]")
![Addition of Rs. 2.25 Crores on Unexplained Cash Deposits: ITAT directs De Novo Hearing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Unexplained-Cash-Deposits-ITAT-Directs-De-Novo-Hearing-De-Novo-Hearing-taxscan.jpg "Addition of Rs. 2.25 Crores on Unexplained Cash Deposits: ITAT directs De Novo Hearing [Read Order]")
ITAT Reinstates Taxpayer's Appeal, Citing lack of proper Notice and Opportunity to be Heard [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the matter to the Commissioner of Income Tax (Appeals) for fresh adjudication due to the CIT(A)'s failure to provide a proper...
![ITAT Reinstates Taxpayers Appeal, Citing lack of proper Notice and Opportunity to be Heard [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Taxpayers-Appeal-ITAT-Reinstates-Citing-Lack-of-Proper-Notice-Income-Tax-Appellate-Tribunal-Notice-taxscan.jpg "ITAT Reinstates Taxpayers Appeal, Citing lack of proper Notice and Opportunity to be Heard [Read Order]")
Reliance on Stamp Duty Valuation for Capital Gains Without DVO Report: ITAT Directs Reassessment [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) directed a reassessment of capital gains, after ruling that the reliance on stamp duty valuation without a District Valuation Officer (...
![Reliance on Stamp Duty Valuation for Capital Gains Without DVO Report: ITAT Directs Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Appellate-Tribunal-Stamp-Duty-TAXSCAN.jpg "Reliance on Stamp Duty Valuation for Capital Gains Without DVO Report: ITAT Directs Reassessment [Read Order]")
Late Submission of Form 10B deemed Procedural Lapse: ITAT grants benefit u/s 11 of Income Tax [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) that the late submission of Form 10B was deemed a procedural lapse and should not be a reason to deny substantive claims. The...
![Late Submission of Form 10B deemed Procedural Lapse: ITAT grants benefit u/s 11 of Income Tax [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Appellate-Tribunal-Form-10B-TAXSCAN.jpg "Late Submission of Form 10B deemed Procedural Lapse: ITAT grants benefit u/s 11 of Income Tax [Read Order]")
ITAT Condones 244 days Delay, Restores Ex-Parte Order to AO for Fresh Adjudication due to Genuine Hardships Faced by Assessee [Read Order]
In a recent ruling, the Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) condoned a delay of 244 days and restored the ex-parte order to the AO for fresh adjudication due to the genuine...
![ITAT Condones 244 days Delay, Restores Ex-Parte Order to AO for Fresh Adjudication due to Genuine Hardships Faced by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-Condones-244-days-Delay-Ex-Parte-Order-AO-Fresh-Adjudication-Genuine-Hardships-Faced-Assessee-taxscan.jpg "ITAT Condones 244 days Delay, Restores Ex-Parte Order to AO for Fresh Adjudication due to Genuine Hardships Faced by Assessee [Read Order]")
Non-Compliance due to Taxpayer's Family Member’s ill-health: ITAT grants Hearing Opportunity [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) granted a hearing opportunity, acknowledging the assessee's non-compliance with the Assessing Officer's ( AO ) notices due to the...
![Non-Compliance due to Taxpayers Family Member’s ill-health: ITAT grants Hearing Opportunity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Non-Compliance-due-to-ill-health-TAXSCAN.jpg "Non-Compliance due to Taxpayers Family Member’s ill-health: ITAT grants Hearing Opportunity [Read Order]")
AO Disallows ₹4.94 Lakhs Write-Off for Non-Recoverable Dues from Trust Terminated Members: ITAT Allows Citing Non-Refundable Deposit [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tax ( ITAT ) allowed the write-off of Rs.4.94 lakhs for non-recoverable dues from terminated trust members citing it as a non-refundable deposit in...
![AO Disallows ₹4.94 Lakhs Write-Off for Non-Recoverable Dues from Trust Terminated Members: ITAT Allows Citing Non-Refundable Deposit [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Non-Refundable-Deposit-Non-Refundable-Citing-Non-Refundable-Deposit-taxscan.jpg "AO Disallows ₹4.94 Lakhs Write-Off for Non-Recoverable Dues from Trust Terminated Members: ITAT Allows Citing Non-Refundable Deposit [Read Order]")
ITAT Remands ₹1.89L Cattle Feed Deposits Matter Due to Agriculturist's Lack of Tax Proceedings Awareness [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) remanded the matter involving unexplained cash deposits of Rs. 1.89 lakh, acknowledging that the amount was from cattle feed sales...
![ITAT Remands ₹1.89L Cattle Feed Deposits Matter Due to Agriculturists Lack of Tax Proceedings Awareness [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Agriculture-Taxscan.jpg "ITAT Remands ₹1.89L Cattle Feed Deposits Matter Due to Agriculturists Lack of Tax Proceedings Awareness [Read Order]")