#section 143(2)
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2,480 articlesIncome Tax

Income Tax
Adhoc expense disallowance without rejecting books of accounts not justified
Income Tax

Income Tax
Section 2(14): No capital gains tax on Income proceeds from Agricultural Land
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Income Tax
Addition merely based on retracted statement without any incriminating material unsustainable: ITAT Ahmedabad
Income Tax

Income Tax
Company with Turnover 10 times of Assessee’s Cannot Be Included as Comparable: ITAT Hyderabad
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Income Tax
Rejection of DCF method for valuing CCPS unjustified as it is in accordance with Rule 11UA: ITAT Ahmedabad
Income Tax

Income Tax
Passing of assessment order without issuance of notice u/s. 143(2) is unsustainable: ITAT Bangalore
Income Tax

Income Tax
Validity of initiation of reassessment u/s. 147 and 148 must be independently evaluated: Delhi HC
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Income Tax
Order quashed as passed without providing personal hearing as required u/s. 144B: Madras HC
Income Tax

Income Tax
Deduction u/s. 80P(2)(d) allowable on interest earned by Cooperative Society from deposits with Cooperative Bank: ITAT Ahmedabad
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Income Tax
Deduction not available when opted for Tonnage Tax Scheme: ITAT Hyderabad
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Income Tax
No tax on amount paid for certification services rendered by foreign entities in absence of fixed place of business in India
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Income Tax
Section 23 of Central Act exempts Advocates Welfare Fund from income tax: ITAT Chennai
Income Tax

Income Tax
Co-op Society entitled to Deduction u/s 80P(2)(d) on Interest Income from Co-op Banks: ITAT Mumbai
Income Tax

Income Tax
