#section 143(2)
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Advance for Flats: Recognizing Revenue on Risk Transfer & Buyer’s Transfer Rights- ITAT

Date of transfer of share is date of contract and not date of agreement: ITAT Mumbai

Penny Stock Sale Not ‘Unaccounted Income’ if Purchase not doubted

CIT(A) Must State Points in Dispute & reasons in its order as per Section 250(6)

No Penalty U/s 271(1)(v) for Bona Fide Mistakes: Mumbai ITAT

Taxpayer possessing Tax Residency Certificate Eligible for DTAA Benefit: Kolkata ITAT

Jurisdiction assumed by AO at Mumbai invalid as assessee resided and carried profession at Bangalore: ITAT Mumbai

Revisional jurisdiction u/s 263 not invocable when AO takes one possible view: ITAT Delhi

Higher interest paid on unsecured loan to related party justified as loan received without any security: ITAT Mumbai

Invocation of deeming provisions of section 69 unjustified as nature and source of undisclosed income explained: ITAT Chandigarh

Section 11 exemption can’t be denied merely for Journal Sale & Subscription Income

Retracted Statement Doesn’t Justify Treating Currency Derivative Loss as Bogus

Illogical to Treat Sales as Bogus When Purchases & Stock are Deemed Genuine

ITAT deletes addition for Cash Deposit which was duly explained by Taxpayer
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.
