#section 143(2)
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ITAT Quashes Reassessment Order for Failure to Issue Notice u/s 143(2)

Disallowance towards investment made out of interest free own funds unjustified

Unexplained Cash Deposit Post-Demonetization Invokes Section 69A

Invalid Reopening of Assessment: No Failure to Disclose Material Facts Alleged

ITAT deletes Addition under Section 69 for Gold Loan Recorded in Books

Addition for Share Capital & Premium without Complete investigation & Application of mind: ITAT Directs Re-adjudication

HC Upholds Exclusion of Comparables Due to Functional Dissimilarity & Amalgamation

Penalty not imposable as excess depreciation surrendered without prior detection of Revenue

Discounted Cash Flow method for valuation of share is recognized method of valuation

Capital gain tax inadvertently paid by wife needs to be refunded & recovered from assessee

Amount received from subscription of e-journals doesn’t qualify as royalty & hence not taxable

Addition for under valuation of closing stock without corresponding adjustment in opening stock is unsustainable

De novo adjudication ordered as CIT(A) passed ex-parte order due to non-appearance

Absence of Valid Notice u/s. 143(2): ITAT quashes Assessment Proceedings
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.
