#section 143(2)
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Interest on Land Acquisition Not Taxable When AO Took a Plausible View

Jurisdictional AO not authorized to issue notice u/s. 148 post faceless mechanism: ITAT Hyderabad

Revision u/s 263 Quashed: AO’s Plausible View on 80P Deduction Cannot Be Substituted by PCIT

Day of arrival to be excluded while computing period stayed in India: ITAT Delhi

Recorded Sales Cannot Be Taxed Again U/s 68; Additions Based Only on Third-Party Statement Deleted

WhatsApp chat retrieved from third party not sufficient for addition: ITAT Ahmedabad

Penalty for Non-Compliance Deleted as Venial Breach Where Assessments Accepted Returned Income

Average price of Kingsman Publication report and NYBOT to be considered for computing ALP

RTGS Sale Proceeds via Credit Society Not Unexplained Money

Unsecured Loans Through Banking Channels Accepted; Section 68 Addition of ₹2.87 Cr Deleted

Cash Advance Adjusted Through Tripartite Deal Not Unexplained Cash Credit U/s 68

Final Assessment Ignoring DRP Directions Held Void; No Post-Limitation Cure Permissible

Section 153A Invoked for Wrong Year; Second Search Abates First – ITAT Quashes Search Assessment for AY 2020-21

Shares Settled in Family Trust Exempt under Section 56(2)(x): ITAT Chennai
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.
