#section 143(2)
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2,479 articlesIncome Tax

Income Tax
ITAT Kolkata – Penalty u/s 271(1)(b) Deleted; Assessment u/s 143(3) Implies Condonation
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Income Tax
Assessment Quashed – Invalid Notice u/s 143(2) by Non-Jurisdictional AO: ITAT Kolkata
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Penalty u/s 270A on PF/ESI Disallowance Deleted – Mere Disallowance Not Misreporting: ITAT Chennai
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Income Tax
Foreign HSBC Account Addition Deleted – BUP ID & Base Note Insufficient: ITAT Mumbai
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Income Tax
Section 263 Revision Upheld Due to AO’s Failure to Examine ₹669 Crore Trust Receipt
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Income Tax
Deduction U/s 54F Allowed – Deposit in CGAS Not Mandatory if Investment Made Within Extended Time
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U/s 153C Assessment Quashed – Defective Satisfaction Note & Invalid Jurisdiction
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Income Tax
Notice U/s 148 quashed as sanction U/s 151 obtained from non-competent authority
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Income Tax
Addition U/s 69A Deleted – Third Party Statement Without Corroboration Insufficient
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Bogus Purchase Addition Restricted to 10% – CIT(A) Relief Upheld
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Loan Repayment Not Taxable U/s 68 & 14A Disallowance Restricted to Actual Expenditure
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Deemed Dividend U/s 2(22)(e) Largely Deleted & Sec.54 Deduction Allowed
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Commission income earned by Booking.com not taxable in India
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Income Tax
