ITAT Ahmedabad sets aside CIT (Exemption) order rejecting 12A registration, finds trust objects not solely for one caste, directs re-adjudication.
Ahmedabad ITAT upholds disallowance of Section 35(1)(ii) tax deduction for donation to Shri Arvindo Institute as trust’s approval had expired in 2006.
ITAT Ahmedabad grants relief to Oswal Extrusion Ltd. on interest disallowance for advances to sister concerns, ordering verification of funds flow.
ITAT Ahmedabad held that no disallowance under Section 43B of the Act can be made when deduction is not claimed in the profit and loss account [P&L account], and the liability is disclosed as a current liability. Accordingly, matter restored to AO to verify VAT liability.
ITAT Ahmedabad validates AO’s 20.97% gross profit estimation for road contractor Sarandhar Gupta due to unverifiable cash transactions
ITAT Ahmedabad held that section 275(1A) of the Act empowers AO to impose or enhance or reduce or cancel penalty pursuant to the quantum appeal before higher appellate authority or court by giving effect to the quantum order.
ITAT Ahmedabad rules that a GST intimation under section 143(1) is invalid if not served within the prescribed time limits to the assessee.
Ahmedabad ITAT rules cash deposits by Amul parlour owner explained by sales, deletes ₹27 lakh addition under Section 69A.
ITAT Ahmedabad remands Rs. 18.47 Cr addition for fresh adjudication, citing invalid assessment order issued in the name of a deceased person.
ITAT Ahmedabad upholds PCIT’s revision order, citing AO’s failure to properly examine Rs. 1.27 Cr deposits in a co-operative society account.
