#section 143(2)
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Section 2(14): No capital gains tax on Income proceeds from Agricultural Land

Addition merely based on retracted statement without any incriminating material unsustainable: ITAT Ahmedabad

Company with Turnover 10 times of Assessee’s Cannot Be Included as Comparable: ITAT Hyderabad

Rejection of DCF method for valuing CCPS unjustified as it is in accordance with Rule 11UA: ITAT Ahmedabad

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

Validity of initiation of reassessment u/s. 147 and 148 must be independently evaluated: Delhi HC

Order quashed as passed without providing personal hearing as required u/s. 144B: Madras HC

Deduction u/s. 80P(2)(d) allowable on interest earned by Cooperative Society from deposits with Cooperative Bank: ITAT Ahmedabad

Deduction not available when opted for Tonnage Tax Scheme: ITAT Hyderabad

No tax on amount paid for certification services rendered by foreign entities in absence of fixed place of business in India

Section 23 of Central Act exempts Advocates Welfare Fund from income tax: ITAT Chennai

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

Receipts from Indian customers for services provided outside India relating to right to use of process not taxable: Delhi HC

Reassessment order not communicated within time prescribed u/s 153(2) quashed: Manipur HC
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.
