#section 143(2)
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High sales during demonetization cannot be reason to assume that sales were fictitious

Without verification, documents signed by third party cannot be held to be colourable devise

Weighted deduction u/s. 35(1)(ii) disallowed as institution didn’t had valid registration

Section Notice liable to be quashed if not supported by reasons: Patna HC

Loan Between Holding & Subsidiary Due to Commercial Expediency is Outside Deemed Dividend Scope

Notice u/s. 143(2) not issued in prescribed format is invalid: ITAT Kolkata

Addition based on loose papers without independent corroborative material not sustained

Funds from foreign sources into NRE accounts not taxable in India in terms of section 10(4)

Provision of Spa Consultancy falls under ‘Independent Personal Services’ hence not taxable in India

VDIS Scheme benefit granted even in absence of original certificate of jewellery

Addition u/s. 153A cannot be sustained without incriminating material found during search

Income escaped assessment for different years cannot be clubbed for satisfying threshold limit u/s. 149(1)(b)

Pharmacy being integral part of dominant object of hospital is eligible for exemption u/s. 11

ITAT Denies Tax Deduction for Donation to Unapproved Scientific Research Trust
Explore the latest section 143(2) updates on TaxGuru, including relevant Income-tax Act provisions, rules, notifications, circulars, judicial decisions and compliance guidance. The coverage highlights important tax positions, procedural requirements, assessments, deductions, penalties and litigation developments to help taxpayers and professionals understand the practical implications of changes in income-tax law.
