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section 143(3)

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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 7575 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 1200 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 2532 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 2913 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 882 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 3685 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 17185 Views 0 comment Print


Latest Judiciary


Delay in filing Form 10-IC not condoned as option of lower taxation u/s. 115BAA not selected in return

Income Tax : The petitioner is essentially aggrieved by the denial of the benefit of paying tax at lower rate in terms of Section 115BAA of the...

June 13, 2025 96 Views 0 comment Print

ITAT Quashes Reassessment: Reasons Based Solely on ADIT Information Invalid Under Sections 147/148

Income Tax : ITAT Delhi dismisses revenue appeal, upholding the quashing of reassessment proceedings against Vishal Gold & Precious Stones due ...

June 13, 2025 168 Views 0 comment Print

Casio’s Income Tax Appeal Lingers 12 Years: Delhi HC Directs Swift Resolution

Income Tax : Delhi High Court orders expeditious disposal of Casio India's 12-year-pending income tax appeal, noting ₹3.5 crore recovery by t...

June 13, 2025 99 Views 0 comment Print

ITAT allows section 10(23C)(iiiab) exemption despite Counsel’s Error

Income Tax : Chandigarh ITAT condones significant appeal delays, allows Punjab Agricultural University's tax exemption claim under 10(23C)(iiia...

June 12, 2025 135 Views 0 comment Print

Denial of exemption u/s. 11 & 12 set aside as loan borrowed at higher rate solely for benefit of society

Income Tax : ITAT Delhi held that denial of exemption u/s. 11 & 12 of the Income Tax Act not justified as loans are borrowed at higher rate sol...

June 12, 2025 69 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 14154 Views 4 comments Print


Penalty proceedings u/s. 271(1)(c) against non-existent entity untenable: Calcutta HC

May 8, 2025 201 Views 0 comment Print

Calcutta High Court held that initiation of penalty proceedings under section 271(1)(c) of the Income Tax Act and passing of penalty order thereof in the name of a non-existent entity (i.e. dissolved HUF) is liable to be quashed. Accordingly, appeal of revenue dismissed.

Non-response to summons by 3rd party cannot be reason for addition towards bogus purchase

May 8, 2025 3468 Views 0 comment Print

ITAT Delhi held that addition under section 69C of the Income Tax Act towards bogus purchases cannot be sustained merely for failure on the part of 3rd party in not responding to the summons. Addition set aside since genuineness of transaction proved.

Pharmacy being integral part of dominant object of hospital is eligible for exemption u/s. 11

May 6, 2025 801 Views 0 comment Print

ITAT Mumbai held that income from pharmacy and chemist division cannot be treated as business income from separate and independent activity. Thus, since pharmacy is an integral part of dominant purpose of hospital benefit u/s. 11(1) duly admissible.

Assuming jurisdiction u/s. 153C beyond block of ten years not tenable-in-law: Delhi HC

May 6, 2025 165 Views 0 comment Print

Delhi High Court held that since AY 2012-13 falls beyond the block of ten years that are required to be reckoned from the end of the AY 2022-23 assuming jurisdiction u/s. 153C in respect of AY 2012-13 is invalid. Accordingly, appeal of revenue dismissed.

Revision order u/s. 263 passed in name of non-existent entity cannot be sustained: ITAT Ahmedabad

May 6, 2025 81 Views 0 comment Print

ITAT Ahmedabad held that revisionary order passed under section 263 of the Income Tax Act in the name of non-existent entity (amalgamated company) is liable to be quashed. Accordingly, the appeal of the assessee is allowed.

Refund Amount Adjusted despite 20% Payment & Pending Appeal: Bombay HC

May 6, 2025 846 Views 0 comment Print

Bombay HC directs refund adjusted against demand, rules adjustment illegal as 20% paid & appeal pending, citing CBDT circulars & court precedent.

No Addition for Cash Deposit Due to Mere Non-Response by Borrower to Section 133(6) Notice

May 6, 2025 420 Views 0 comment Print

ITAT Chennai deletes ₹14.84 lakh cash deposit addition for NBFC, citing duly recorded books; restores 80G claim to AO for re-examination.

ITAT Condones Delay in Tax Appeal as Assessment Order Email Landed in Spam

May 5, 2025 4164 Views 0 comment Print

Pune ITAT condonès 191-day delay in tax appeal after assessment order email went to spam; remits case for merits review, citing judicial precedents.

ITAT Sets Aside Demonetisation Cash Deposit Addition for Hospital; Remands case to AO

May 5, 2025 87 Views 0 comment Print

Cochin ITAT remands Rs. 45.74 lakh cash deposit addition during demonetisation for Trichur Heart Hospital, citing need for fresh verification of patient payments.

ITAT Remands Ex-Parte Order for Lack of Hearing Opportunity

May 5, 2025 75 Views 0 comment Print

ITAT Delhi remits ex-parte order against Sohanvir Singh to AO, citing denial of adequate opportunity of being heard, upholding natural justice.

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