#section 143(3)
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6,168 articlesIncome Tax

Income Tax
Failure to substantiate identity & fund source: Kolkata ITAT Remits Matter for Re-adjudication
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Addition which is not based on reasons for reopening is un-sustainable sans notice u/s 148
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Section 50(C)(2): If taxpayer objects to valuation, AO must refer valuation to valuation officer
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Direction of DRP should be followed by TPO for calculation of TP adjustment: ITAT Kolkata
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Reopening of assessment u/s. 148 based on reason to suspect is unsustainable-in-law: ITAT Delhi
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ITAT directs AO to Re-Adjudicate disallowance of Demonetization Cash Deposits
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Deemed dividend u/s 2(22)(e) assessable in hands of beneficial shareholder having substantial interest: ITAT Kolkata
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ITAT Allows ESOP Expenditure claimed Within Section 139(5) Time Limit
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Physical rendition of service in India required as virtual service PE not considered under India-Singapore DTAA: ITAT Delhi
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I&B Code Proceedings and Moratorium Render Appeals Invalid
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Interconnect Usage Charges Not Taxable as Royalty: ITAT Bangalore
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Assessment Order Deemed Time-Barred: Lack of Evidence for Timely Issuance, Rules Tribunal
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Higher interest paid on unsecured loan to related party justified as loan received without any security: ITAT Mumbai
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Income Tax
