#section 143(3)
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Bombay HC Quashes Reassessment U/S 147 for Change of Opinion & Review of assessment order

Assessee’s Bona Fide Explanation: ITAT Delhi Deletes ₹14.88 Cr Section 271(1)(c) Penalty

Amalgamated company not having Government approval entitled to adjust WDV of assets of amalgamating company

Trust making reasonable payment for services rendered to specified person u/s. 13(3) justifiable

Revision u/s. 263 not sustained as plausible view taken by AO: ITAT Ahmedabad

Short term capital gain on depreciable assets u/s. 50 will be taxed @20% as per section 112

Revision u/s. 263 not justified as AO took plausible view: ITAT Mumbai

Disallowance u/s. 14A not justified as sufficient own interest free funds available: ITAT Ahmedabad

Assessment order passed against non-existent entity is invalid: ITAT Ahmedabad

Disallowance u/s. 40(a)(i) for non-deduction of TDS from foreign remittance restored back to AO

ITAT Ahmedabad quashes Ex-Parte Order for Ignoring Objections to Mechanical Reopening

Section 68 Addition for Capital Contribution Deleted on Proof of Identity, Genuineness & Creditworthiness

Section 68 Addition unsustainable as LTCG Non-Genuineness Not Proven: ITAT Ahmedabad

Section 148 Reopening based on incorrect facts & reasons is invalid: 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.
