#section 143(3)
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ITAT Hyderabad: DVO Valuation Ignored-LTCG Recomputed Based on Valuation Report

ITAT Mumbai: Notional Rent Taxable on Unsold Flats Held as Stock-in-Trade (Pre-Sec 23(5) Era)

Dividend Stripping Disallowance Upheld as Section 94(7) Applies to Entire Dividend

Settlement of Arbitration Award on Corporate Guarantee Deductible Under Section 37(1)

₹1.63 Crore Addition Deleted Due to Eligibility of Credit Societies Under Section 80P

Addition Under Section 40A(2)(a) Deleted Due to Incorrect Comparison of Services

No 143(2) Notice, No Reassessment: ITAT Quashes Proceedings Despite Delayed ITR

Demonetisation Cash Addition Deleted – ITAT Accepts Family Savings Explanation Backed by Affidavit

No Fresh U/s 143(2) Needed After Section 263 – ITAT Reverses CIT(A) Revives Assessment

Redeployment of Withdrawn Cash Cannot Trigger Section 68 Addition: Source Proven

Agricultural Land Capital Gain Addition Deleted in absence of development or trading intent

Section 263 Revision Invalid as PCIT Acted Without Independent Application of Mind

Companies with significantly higher turnover are not comparable: ITAT Bangalore

LTCG Addition Deleted: No Evidence Linking Assessee to Penny Stock Scheme
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.
