#section 143(3)
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Addition u/s 68 was unsustainable without rebuttal of NBFC genuineness or tracing money trail

ITAT Pune: Interest on Bank Deposits Not Covered by Mutuality; Only Proportionate Expenses Allowed

Income Tax Assessment Quashed Due to Invalid Notice by Officer Lacking Pecuniary Jurisdiction

ITAT Mumbai: Reopening Invalid on Change of Opinion-No Fresh Material, Assessment Quashed

Deemed Dividend Upheld, But AO Directed to Recompute After Interest Adjustment: ITAT Pune

ITAT Mumbai: Second Reopening Based on Same Material Is Invalid-Change of Opinion Not Permissible

ITAT Mumbai Allows Actuarial Provisions for Employee Benefit Schemes; Deletes Major Disallowances on Expense Provisions

ITAT Mumbai: Interest from Co-Operative Banks Eligible U/s 80P(2)(d)-Consistency Principle Applied

ITAT Mumbai: Vague Purpose in Form 10 Can Jeopardize Sec 11(2) Claim-Matter Remanded for Verification

ITAT Mumbai: Depreciation on Trademark Allowed-AO Cannot Revisit Claim in Subsequent Years

Excess Stock cannot be treated as Treated as unexplained investment without Evidence of Unexplained Sources

Section 68 Not Applicable to Genuine Sales Transactions Supported by Documentation

Section 80IA Deduction Allowed Due to Developer Role in Rail Signalling Projects: ITAT Nagpur

Deduction u/s. 10A entitled before setting off carry forward losses and unabsorbed depreciation
Explore the latest section 143(3) 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.
