#section 143(3)
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6,168 articlesIncome Tax

Income Tax
ITAT Allows Section 80P Deduction on Co-op Bank Interest, Not RRB
Income Tax

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ITAT Kolkata Deletes Double Addition, Adhoc Disallowance & Notional Interest
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Identity & Creditworthiness Proved; ITAT confirms deletion of Rs. 20.25 Cr Loan addition
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Once 263 is dropped, 147 Is Dead – Kolkata ITAT Strikes Down Reassessment/Quashes Rs. 7.03 Cr Addition
Income Tax

Income Tax
Mechanical 153D Approval Voids 153A Assessment: ITAT Raipur
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PCIT cannot act merely on AO’s Proposal without Independent Satisfaction
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Dismissal of appeal by CIT(A) without rendering finding on merits is against principles of natural justice
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Income Tax
Explanation to section 14A inserted vide Finance Act, 2022 is prospective in nature
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Benefit of working capital adjustment not considered while computing ALP: Matter restored
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Independent enquiry u/s. 23(1)(a) can be made by AO to determine annual value u/s. 22
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Income Tax
Reopening notice beyond four years cannot be sustained without non-disclosure
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Income Tax
ITAT Condones 332-Day Appeal Delay for Senior Citizen
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Income Tax
FMV as on 01-04-1981 must be based on registered valuer’s report
Income Tax

Income Tax
