![Unsubstantiated Foreign Remittances Ineligible for Exemption u/s 10(4): ITAT Partly Upholds Claim of NRI [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAt-ITAT-Ahmedabad-Foreign-remittance-exemption-denied-TAXSCAN.jpg "Unsubstantiated Foreign Remittances Ineligible for Exemption u/s 10(4): ITAT Partly Upholds Claim of NRI [Read Order]")
Unsubstantiated Foreign Remittances Ineligible for Exemption u/s 10(4): ITAT Partly Upholds Claim of NRI [Read Order]
In a recent decision, the Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) held that unsubstantial foreign remittances cannot qualify...
![Additions u/s 69A Set Aside: ITAT Directs Fresh Assessment Allowing Taxpayer to File Additional Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Additions-section-69A-ITAT-Fresh-Assessment-Taxpayer-to-File-Additional-Evidence-taxscan.jpg "Additions u/s 69A Set Aside: ITAT Directs Fresh Assessment Allowing Taxpayer to File Additional Evidence [Read Order]")
![Additions u/s 68/69A Cannot Survive Once Creditor Details Identity, Creditworthiness, and Genuineness Are Proved: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Survive-Once-Creditor-Details-Identity-Creditor-Details-Identity-Creditworthiness-taxscan.jpg "Additions u/s 68/69A Cannot Survive Once Creditor Details Identity, Creditworthiness, and Genuineness Are Proved: ITAT [Read Order]")
![Cera Sanitaryware wins on Section 14A issue; improper invocation of Rule 8D leads to deletion of Rs.4.70 lakh disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Cera-Sanitaryware-Section-14A-issue-improper-invocation-of-Rule-8D-leads-taxscan.jpg "Cera Sanitaryware wins on Section 14A issue; improper invocation of Rule 8D leads to deletion of Rs.4.70 lakh disallowance [Read Order]")
![ITAT Rejects ₹1.17 Crore Addition as Unexplained Cash Credit on LTCG from Shares due to Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-Addition-as-Unexplained-Cash-Credit-Unexplained-Cash-Credit-Cash-Credit-Unexplained-Cash-Credit-on-LTCG-Due-to-Lack-of-Evidence-taxscan.jpg "ITAT Rejects ₹1.17 Crore Addition as Unexplained Cash Credit on LTCG from Shares due to Lack of Evidence [Read Order]")
![Denial of Fair Opportunity and Inadequate Evidence Examination: ITAT Restores Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/ITAT-ITAT-Ahmedabad-ITAT-restores-matter-to-AO-TAXSCAN.jpg "Denial of Fair Opportunity and Inadequate Evidence Examination: ITAT Restores Matter to AO [Read Order]")
ITAT Ahmedabad upholds Classification of Interest Income from Employee Loans as Business Income [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has delivered a noteworthy decision, affirming the classification of interest income from employee loans as "business income." In a...
![ITAT Ahmedabad upholds Classification of Interest Income from Employee Loans as Business Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Ahmedabad-Classification-of-Interest-Income-Interest-Income-Interest-Income-from-Employee-Loans-Employee-Loans-Employee-Loans-as-Business-Income-taxscan.jpg "ITAT Ahmedabad upholds Classification of Interest Income from Employee Loans as Business Income [Read Order]")
ITAT Dismisses Revenue's Appeal Against Sun Gold Capital Limited due to Low Tax Effect as per CBDT Circular [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeal against Sun Gold Capital Limited due to low tax effect as per Central Board of Direct Taxes (CBDT) Circular...
![ITAT Dismisses Revenues Appeal Against Sun Gold Capital Limited due to Low Tax Effect as per CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Ahmedabad-Sun-Gold-Capital-Limited-case-updates-TAXSCAN.jpg "ITAT Dismisses Revenues Appeal Against Sun Gold Capital Limited due to Low Tax Effect as per CBDT Circular [Read Order]")
Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]
The Income Tax Appellate Tribunal (ITAT) Ahmedabad Bench ruled in favor of the assessee, setting aside the revision order passed by the Principal Commissioner of Income Tax (PCIT)-1, Ahmedabad, under...
![Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Adani-Infrastructure.jpg "Adani Infrastructure Gets Relief from ITAT: Revision Order Passed by PCIT Set Aside Due to Lack of Error and Prejudice [Read Order]")
ITAT Grants Relief to Trust: Rules Against Excessive Surcharge Imposition by Centralized Processing Centre [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) recently ruled in favour of a trust in a dispute over applying an income tax surcharge. The case involved whether the trust was liable...
![ITAT Grants Relief to Trust: Rules Against Excessive Surcharge Imposition by Centralized Processing Centre [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/trust-.jpg "ITAT Grants Relief to Trust: Rules Against Excessive Surcharge Imposition by Centralized Processing Centre [Read Order]")
Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has dismissed the appeal filed by Somnath Kelavni Mandal, a trust managing educational institution, due to non-prosecution and continuous...
![Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-ITAT-Ahmedabad-Income-Tax-Appeal-Income-Tax-Income-tax-updates-TAXSCAN.jpg "Continuous Absence of Assessee during Income Tax Appeal Proceedings: ITAT dismisses Appeal [Read Order]")
ITAT Sets Aside Assessment Order on Cash Deposits During Demonetization due to Violation of Natural Justice [Read Order]
The assessee, Keyur Rajeshbhai Agrawal, has appealed against the order passed by the Commissioner of Income Tax (Appeals) [CIT(A)] for the assessment year 2017-18. It was the 8th time the case was...
![ITAT Sets Aside Assessment Order on Cash Deposits During Demonetization due to Violation of Natural Justice [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/assessment-order.jpg "ITAT Sets Aside Assessment Order on Cash Deposits During Demonetization due to Violation of Natural Justice [Read Order]")