ITAT Ahmedabad’s verdict exempts individuals not subject to tax audit from TDS obligations, highlighting the Nilesh Patel vs DCIT case.
Suryshree Blocks Pvt. Ltd. vs DCIT: ITAT Ahmedabad overturns penalty under Sec 271(1)(c) of Income Tax Act due to failure to find any particulars inaccurate. Analysis provided.
Dive into the case of Variya Prajapati Chovashi Gyati Samsth Vs ITO, where the absence of trustee signatures on the balance sheet is questioned, impacting the genuineness of funds.
ITAT Ahmedabad allows TDS deduction for Adroit Structural Engineers Pvt. Ltd. on income offered to tax, despite non-reflection in Form 26AS. Full judgment analysis here.
Kalpana Sunil Vaid’s appeal against a penalty under Section 271D of the Income Tax Act for loans taken from partnership firms is dismissed by ITAT Ahmedabad.
ITAT Ahmedabad dismisses appeal against revision order denying 80GGC deduction for donation to a political party, emphasizing the need for genuine receipts.
ITAT Ahmedabad rules deduction u/s 80P of the Income Tax Act not applicable to interest earned on FDRs from Bank of Baroda in a landmark case.
ITAT Ahmedabad rules in favor of Ralsons Infrastructure, emphasizing consistency in revenue recognition method as key to valid tax assessment for AY 2016-17.
Ahmedabad ITAT allows Amikrupa Education Trust’s appeal, ruling cash deposits during demonetization with explained sources not taxable under Section 69A.
ITAT Ahmedabad sets aside re-assessment proceedings initiated after 4 years from the AY end, citing no new material for reassessment under Section 147 of the Income Tax Act.
