#section 143(3)
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Assessment Based on Nonexistent Case Law Quashed: Bombay HC Warns Against Blind AI Reliance

Gifts from Sisters Held Genuine – Section 68 Can’t Tax Natural Love and Affection

Penny Stock Gains Upheld as Genuine – ITAT Quashes Reopening for Lack of Fresh Material

Tax on rental income of vacant flat was limited to Municipal Value

Cash Deposits During Demonetisation from Accounted Sales Cannot Be Taxed Again: ITAT Bangalore

Section 153C: Block Period to Be Counted from Date of Material Receipt, Not Date of Search

No Enduring Benefit in Routine Telecom Expenses: ₹169 Cr Customer Acquisition Cost allowed

Typo Triggered ₹7.86 Cr Addition: Return Remanded for Re-Examination

ITAT Mumbai Quashes 263 Orders: No Incriminating Material to Revisit 80IC Claim U/s. 153A

Valuing unsold scrips at market value and taxing not sustained as unrealized gain cannot be taxed

Payments to Partner NGOs is Application of Income: ₹1.89 Cr Addition Deleted by ITAT Delhi

Industrial Incentives for Kutch and TUF Subsidy Not Taxable: ITAT Clarifies Capital Nature

ITAT Delhi Upholds Dealer Foreign Tour Expense as Genuine Business Promotion

Deduction u/s. 43B allowed to the extent relevant evidences are furnished
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.
