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section 143(3)

Latest Articles


ITAT Mumbai Quashes Reassessment Proceedings Against Shah Rukh Khan

Income Tax : ITAT Mumbai invalidates reassessment against Shah Rukh Khan for FY 2012-13, addressing foreign tax credit claims and procedural fl...

March 8, 2025 7512 Views 0 comment Print

New Diplomacy of Income Tax Department: Tax Collection Without Direct Enforcement

Income Tax : India's Income Tax Department shifts to a taxpayer-friendly approach, prioritizing silent recoveries, refund adjustments, and redu...

February 20, 2025 1176 Views 0 comment Print

Budget 2025: Block Assessment Amendments in Income Tax Search Cases

Income Tax : Budget 2025 revises block assessment rules for search cases, covering undisclosed income, assessment procedures, penalties, and ti...

February 7, 2025 2106 Views 0 comment Print

understanding Income Tax Scrutiny Assessments under Section 143(3)

Income Tax : Scrutiny assessment which is mainly governed by Section 143 of IT Act is in-depth process used by tax officers to ensure accuracy ...

November 15, 2024 2715 Views 0 comment Print

Cultivation & sale of white button mushroom is agricultural activity: ITAT Mumbai

Income Tax : In the alternate, assessee has also raised a ground that Assessing Officer ought to have allowed the expenditure incurred in culti...

November 11, 2024 798 Views 0 comment Print


Latest News


Allow making of fresh claim during assessment proceedings

Income Tax : It has been observed that in many cases an assessee may wish to make a claim which was not made in the return of income filed unde...

January 20, 2016 3682 Views 0 comment Print

Format of details to submitted during Income Tax Assessment

Income Tax : We have attached a file in excel format. The file contains the format of various details which normally assessing officer asks As...

January 4, 2014 17176 Views 0 comment Print


Latest Judiciary


Natural Justice Violation: Demonetisation Sales Addition Sent Back to CIT(A)

Income Tax : ITAT Cochin restores addition on demonetisation-era jewellery sales to CIT(A) for re-adjudication, citing violation of natural jus...

May 13, 2025 24 Views 0 comment Print

Reassessment Set Aside as JCIT cannot Sanction Notice After 4 Years: Delhi HC

Income Tax : Delhi High Court sets aside reassessment for AY 2006-07, ruling JCIT lacked power to sanction Section 148 notice after 4 years; CC...

May 13, 2025 51 Views 0 comment Print

Incentives received under Incentive Scheme are capital receipts hence not taxable

Income Tax : ITAT Delhi held that incentives in the form of excise duty refund, sales tax remission, sales/ VAT input tax refund received under...

May 13, 2025 36 Views 0 comment Print

Delay in filing Form 10B condoned since genuine hardship faced: Delhi HC

Income Tax : Delhi High Court held that delay in filing Form 10B is condonable since genuine hardship is faced by the petitioner and there is s...

May 13, 2025 39 Views 0 comment Print

GoDaddy Income Not Royalty or FTS, Rules ITAT Delhi

Income Tax : ITAT Delhi held GoDaddy's income from domain registration, hosting, and other services not taxable as royalty or FTS under the Inc...

May 12, 2025 249 Views 0 comment Print


Latest Notifications


No processing of returns for I-T refund if selected for Scrutiny

Income Tax : Instruction No.1/2015 Clarification regarding applicability of section 143(1D) of the Income-tax Act, 1961- Vide Finance Act, 2012...

January 13, 2015 14139 Views 4 comments Print


Latest Posts in section 143(3)

Natural Justice Violation: Demonetisation Sales Addition Sent Back to CIT(A)

May 13, 2025 24 Views 0 comment Print

ITAT Cochin restores addition on demonetisation-era jewellery sales to CIT(A) for re-adjudication, citing violation of natural justice in ex parte order.

Reassessment Set Aside as JCIT cannot Sanction Notice After 4 Years: Delhi HC

May 13, 2025 51 Views 0 comment Print

Delhi High Court sets aside reassessment for AY 2006-07, ruling JCIT lacked power to sanction Section 148 notice after 4 years; CCIT/CIT approval required.

Incentives received under Incentive Scheme are capital receipts hence not taxable

May 13, 2025 36 Views 0 comment Print

ITAT Delhi held that incentives in the form of excise duty refund, sales tax remission, sales/ VAT input tax refund received under the Incentive Scheme are capital receipts and hence not chargeable to income tax. Accordingly, ground of the assessee allowed.

Delay in filing Form 10B condoned since genuine hardship faced: Delhi HC

May 13, 2025 39 Views 0 comment Print

Delhi High Court held that delay in filing Form 10B is condonable since genuine hardship is faced by the petitioner and there is sufficient material on record proving the same. Accordingly, writ disposed of.

GoDaddy Income Not Royalty or FTS, Rules ITAT Delhi

May 12, 2025 249 Views 0 comment Print

ITAT Delhi held GoDaddy’s income from domain registration, hosting, and other services not taxable as royalty or FTS under the Income Tax Act or India-USA DTAA.

Disallowance u/s. 56(2)(viib) unwarranted as creditworthiness cannot be doubted when share allotted to existing shareholder

May 12, 2025 255 Views 0 comment Print

ITAT Delhi held that disallowance of share premium under section 56(2)(viib) of the Income Tax Act not sustainable since shares are allotted to an existing shareholder and hence creditworthiness cannot be doubted. Accordingly, appeal of revenue dismissed.

Weighted deduction u/s. 35(1)(ii) disallowed as institution didn’t had valid registration

May 12, 2025 96 Views 0 comment Print

ITAT Ahmedabad held that weighted deduction under section 35(1)(ii) of the Income Tax Act rightly disallowed as donation is given to Arvindo Institute of Applied Scientific Research Trust who doesn’t have valid registration. Accordingly, appeal of assessee dismissed.

IT Assessment Invalid Due to Absence of Transfer Order Under Section 127: ITAT Delhi

May 12, 2025 792 Views 0 comment Print

ITAT Delhi ruled an income tax assessment invalid, quashing the order. The assessment was completed by an officer lacking jurisdiction without a valid Section 127 transfer order.

Minor’s Income Clubbed in Mother’s Return Cannot Be Reassessed in Father’s Hands

May 12, 2025 156 Views 0 comment Print

Assessee, i.e., the father of the minor, Mr. Yogesh Mafatlal Bhansali had originally filed his income tax return declaring a total income of ₹2,71,630, which was accepted after a limited scrutiny assessment under Section 143(3).

Section Notice liable to be quashed if not supported by reasons: Patna HC

May 10, 2025 3198 Views 0 comment Print

Patna High Court held that notice must be supported by reasons. Accordingly, since notice issued under section 148 of the Income Tax Act is not supported by reasons the same is liable to be quashed. Thus, writ petition stand allowed.

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