Courts: ITAT Ahmedabad
2,451 articlesIncome Tax

Income Tax
Mere Form No. 3CEB filing cannot make assessee liable for Section 92BA investigation
Income Tax

Income Tax
Section 143(2) Notice to Erstwhile Non-Existent Partnership Firm is Void-ab-Initio
Income Tax

Income Tax
Where own funds exceeds investment, no disallowance of interest can be made u/s 14A
Income Tax

Income Tax
No section 68 addition if assessee discharges burden put upon it
Income Tax

Income Tax
Validity of addition for Undervaluation/Understatement/ Shortage of closing stock
Income Tax

Income Tax
Assessment Order passed on Dead Person is Void ab Initio
Income Tax

Income Tax
Sales bogus if investee is a penny stock company, with no credentials, and the sale rates artificially hiked, with no real buyers
Income Tax

Income Tax
Section 68 addition justified for unexplained LTCG from penny stock
Income Tax

Income Tax
Penalty not levaible on addition made solely based on declaration
Income Tax

Income Tax
Expenses incurred to keep setup of business in existence during temporary lull was allowable
Income Tax

Income Tax
Foreign exchange loss due to currency fluctuation was not a speculation but a business loss
Income Tax

Income Tax
Affordable house to low income group amount to ‘Relief to Poor’ & eligible for section 11 exemption
Income Tax

Income Tax
ITAT imposes penalty on appellant for not appearing before AO & CIT(A)
Income Tax

Income Tax
