#section 143(2)
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Interest on deposits from co-op bank eligible for Section 80(2)(d) deduction

Year of entering into JDA would be year of taxability under Income Tax

Accommodation entry of huge amount needs further enquiry hence matter remanded

Order passed without granting video conference hearing is against principles of natural justice

Revisionary proceedings initiated in the name of non-existent entity is invalid

Order passed without mentioning DIN Number should be treated as invalid

Upward adjustment rejected as reimbursement of AMP expenses incurred by Sony India for AE was at arm’s length

Education Cess not allowable expenditure u/s 37(1)

Entire reassessment proceeding illegal without issuance of notice u/s. 143(2)

Reassessment merely because AO didn’t carried independent enquiries of confirmation from creditors unsustainable

Penalty u/s. 271(1)(c) unsustainable in absence of concealment of income or furnishing inaccurate particulars

Passing of assessment order two years after Dispute Resolution Panel direction is time barred

CIT(A) Required to Provide Plausible Reasons for Deletion of Addition: ITAT

ITAT Upholds Income Tax Addition for Unexplained Cash Deposit in Bank Account
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.
