#section 143(3)
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Interest calculated solely on Trade Receivables for ALP Determination was unreasonable

Despite Scrutiny Assessment Reassessment Valid if Notice Issued Within Time Limit & if income escaped assessment

Exemption u/s 10(23C) Can’t Be Denied if AO Fails to Notify Authority on Contravention

Matter remanded as TP adjustment could not be at ‘NIL’ as determined by TPO

Non-intimation to AO before removal of company’s name from ROC, assessment was valid even if passed in name of non-existent entity

Capital Gain Exemption On Investment In Two Adjoining Properties

Section 263 Revision Untenable Without Proving Assessment Order’s Error & Revenue Prejudice

Reopening concluded assessment jurisdictionally not sustainable: Delhi HC

Matter restored as no findings rendered on various documentary evidences: ITAT Chennai

Addition Based Solely on Assessee’s Admission Without Evidence Not Sustainable: Rajasthan HC

Section 54F Exemption Fully Allowed as Son Listed as Proforma Purchaser: ITAT Pune

Confirmation from creditors not containing PAN cannot be reason for addition: ITAT Bangalore

Assessment Order passed Without Considering Submission due to approaching Deadline: HC set-aside

Addition u/s. 68 sustained as repayment of loan or interest payment not demonstrated: ITAT Ahmedabad
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.
