#section 143(3)
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6,168 articlesIncome Tax

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Section 148 Notice cannot be issued to Partner for Transactions Among Partnership Firms
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Section 263 cannot be invoked based on incorrect understanding / appreciation of facts
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Advance from Customers Not Section 68 Income; Powers of CIT(A) Parallel to AO’s
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No Section 270A Penalty if No Misreporting or Underreporting by Assessee
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Transfer Pricing: Comparing New Assessees with Established Businesses is Inappropriate
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Sale of Online Advertisement Space Not Taxable as Royalty or FTS in India: ITAT Bangalore
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Commission cannot be disallowed merely for increase in Rate of Commission
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Section 68 Addition Unjustified if Shares’ Purchase & Sale Validated by Evidence: ITAT Mumbai
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Addition based on mere Photocopy of Alleged Agreement is unjustified
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Mathematical Errors cannot be said to be Failure to Disclose Material Facts: ITAT Ahmedabad
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Section 271D Penalty: ITAT Directs AO to Verify Reasonable Cause for Cash Loan
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Section 43B Doesn’t Apply where payment precedes claim of expenditure
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Demonetization Cash Deposit Scrutinized by AO, No Grounds for Section 263 Revision
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