#section 143(3)
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Addition towards interest on cash loans directed to be deleted

TDS u/s. 194J not deductible on payment of Franchise Expense by liquor company

Interest admissible in case of refund under Direct Tax Vivad Se Vishwas Act

Cash deposit during demonetization not added u/s. 68 as source duly explained

Assessment u/s. 153C vitiated due to absence of proper and valid recording of satisfaction

Calcutta HC Dismisses Revenue Appeal on Section 68 Share Capital Addition

Allowability of use of Extrapolated Data for comparables inspite of having different year-end in ITeS transfer pricing dispute

Proceedings u/s. 144C has to be concluded within limitation prescribed u/s. 153(3)

Deduction u/s 80P was allowable on interest earned on surplus lending funds as same was related to Banking business

Matter of unexplained deposit remanded as assessee failed to represent before AO and CIT(A)

No disallowance u/s. 14A in absence of any exempt income

No reassessment unless there was new tangible evidence found against assessee

Order of special audit not sustained as procedure mandated u/s. 142(2A) and 142(2C) not followed

Revision u/s. 263 initiated by CIT based on AO’s recommendation is not maintainable
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.
