#section 143(3)
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Addition u/s. 56(2)(viib) deleted since there is no over-valuation shares

Status of Charitable Trust’s not get affected for making reasonable payments to related party

Section 80-IB(10) deduction was allowable for timely completed wings and held remaining wing to be separate project

Benefit of exemption u/s. 11(1)(a) cannot be debarred for incurring more expense than income

Order solely based on judgement which was over-ruled by Apex Court is liable to be quashed

Penalty proceedings u/s. 271(1)(c) against non-existent entity untenable: Calcutta HC

Non-response to summons by 3rd party cannot be reason for addition towards bogus purchase

Pharmacy being integral part of dominant object of hospital is eligible for exemption u/s. 11

Assuming jurisdiction u/s. 153C beyond block of ten years not tenable-in-law: Delhi HC

Revision order u/s. 263 passed in name of non-existent entity cannot be sustained: ITAT Ahmedabad

Refund Amount Adjusted despite 20% Payment & Pending Appeal: Bombay HC

No Addition for Cash Deposit Due to Mere Non-Response by Borrower to Section 133(6) Notice

ITAT Condones Delay in Tax Appeal as Assessment Order Email Landed in Spam

ITAT Sets Aside Demonetisation Cash Deposit Addition for Hospital; Remands case to AO
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.
