#section 143(3)
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Revised income is lesser than returned income: ITAT deleted penalty u/s 270A

Audit report filed belatedly: ITAT deleted penalty u/s 271B

Only Actual Income Earned from Bogus Sale & Purchase can be Taxed as Income

Delay of 32 days was explained satisfactorily: ITAT remanded matter to CIT (A)

Inadequate enquiry not give any right to CIT to revise assessment order: ITAT Surat

Mechanical Approval Under Section 153D Without entry in Order Sheet is Fatal

No assessment u/s 153C as satisfaction note was not recorded for relevant search assessment years

Hire Charges of vessel did not constitute ‘Royalty’ under India-Singapore DTAA as it was business income

Deduction u/s. 37 for written-off of non-recoverable advances to employee allowed: ITAT Ahmedabad

No proper service and opportunity before CIT (A): ITAT remand matter to CIT (A)

Interest from investment with co-operative society engaged in banking business deductible u/s. 80P(2)(d)

Entire cash deposits during demonetization cannot be considered as unexplained, 20% Addition Upheld

Reassessment proceedings quashed as order passed u/s. 148A(d) was non-speaking: ITAT Delhi

Deduction u/s. 80P(2)(d) available to co-operative society for interest earned from co-operative bank
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.
