The Income Tax Appellate Tribunal (ITAT) in Ahmedabad has set aside a tax authority’s rejection of a trust’s Section 80G exemption application. The court ruled that mentioning a temple among multiple charitable objects does not automatically make the trust “substantially religious” and directed a review of its actual expenditures.
ITAT Ahmedabad has set aside a tax authority’s rejection of Rajnibhai Kanada Memorial Foundation’s Section 80G tax exemption. The court held that objects related to Indian culture and spirituality, such as teaching music or celebrating festivals, are not substantially religious and that the tax authority must allow the trust to explain its expenditures before denying the exemption.
The ITAT Ahmedabad has remanded a case involving Akshar Elecinfra Pvt. Ltd., ruling that the denial of an 80JJAA deduction was due to a technical portal glitch and not a substantive error.
The ITAT Ahmedabad reduced the estimated net profit rate for a milk retailer from 7% to 4.5%, finding the higher rate unrealistic for the business, and condoned a 101-day appeal delay.
The ITAT Ahmedabad has rebuked the CIT(A) for dismissing Anmol Medicare Limited’s appeal ex-parte without a reasoned order, remanding the case for a new hearing on its merits.
Tribunal held that the assessee’s revised application correcting an incorrect section code, filed within the CBDT extended deadline, is valid. CIT(E)’s rejection as non-maintainable was set aside.
The ITAT Ahmedabad ruled that the amendment to Section 80AC, requiring timely tax return filing for Chapter VIA deductions, is not applicable to Assessment Year 2017-18.
Learn how the ITAT, in the Jitudan Ravatdan Gadhvi vs. ITO case, condoned a delay in appeal and overturned a best-judgment assessment, finding that the taxpayer’s cash deposits were a legitimate part of his business operations.
In a key decision, ITAT Ahmedabad set aside a ₹6.51 crore tax demand against a government-funded educational society, holding that procedural lapses do not defeat a substantive right to exemption when all eligibility conditions are met.
In the case of Chandrakant Atmaram Acharya, the ITAT deleted a Rs.10.80 lakh addition for unexplained investments but imposed a Rs.5,000 cost on the taxpayer for non-cooperation with the tax department.
