#section 143(3)
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ITAT Deletes Penalty Due to Misplaced Reliance on Case Law & Foreign Tax Credit

ITAT Upholds Partial Addition for Unexplained Cash Deposits Lacking Source Proof

Reassessment u/s. 148 without any tangible material is liable to be quashed

Reassessment u/s. 147 initiated based on subsequent information upheld: Bombay HC

Section 40(a)(ia) Disallowance Unwarranted: Section 194C TDS Not Applicable to EDC Payments

Date of allotment letter to be considered for holding period of property: ITAT Mumbai

Application of cash received from unrecorded cash sales needs verification hence matter restored

No Section 270A Penalty for Delay in Filing Form 67 if no Misreporting of Income

Interest on Enhanced agricultural Land acquisition Compensation Under Section 28 is Tax-Free

Profit estimation by AO cannot be arbitrary or without any basis

ITAT Remands Case for AO’s Failure to Consider Cash Withdrawals, Rule 6DD, Agri Income

Reassessment order u/s. 148A(d) beyond scope of notice is not sustainable: Delhi HC

Taxing addition at higher rate u/s. 115BBE for cash deposit during demonetization not tenable: ITAT Surat

Intra-Group Services Not Taxable in India as They Fall Outside FTS Scope: ITAT Delhi
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.
