#section 143(3)
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Cash, Bank, Stock & Receivables Disclosure Required Under Presumptive Tax Scheme: ITAT Pune

New Diplomacy of Income Tax Department: Tax Collection Without Direct Enforcement

AO Cannot Reopen Old Assessments Based on Future Amendment Banning Goodwill Depreciation Without ‘Reasons to Believe

AO’s order cannot be deemed erroneous Solely Due to PCIT Disagreement: ITAT Jaipur

ITAT quashes Section 271(1)(c) penalty on estimated 24.50% NP rate addition

Reassessment order passed without disposing objection raised by assessee not sustainable

No revision u/s 263 for claim of Bank of Maharashtra’s ₹1137 Crore deduction for Bad and Doubtful Debts

Addition of Unexplained Cash Deposit was sustained at 25% on basis of reasonable estimate

Encapsulation qualifies for Section 80IB deduction due to significant transformation: Madras HC

Unsecured Loan Addition Deleted as Loans Accepted & Repaid in Same Year: ITAT Jaipur

Penalty u/s. 271AAA(1) for undisclosed income admitted during search set aside as tax paid with interest

Expenditure incurred for IPO, subsequently aborted, allowable being revenue in nature: ITAT

Genuine Promoter Loan: ITAT Delhi Deletes Unexplained Credit Addition

ITAT Rajkot directs AO to verify genuineness of transaction for addition towards unsecured loan
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.
