#section 143(3)
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Sale of Online Advertisement Space Not Taxable as Royalty or FTS in India: ITAT Bangalore

Commission cannot be disallowed merely for increase in Rate of Commission

Section 68 Addition Unjustified if Shares’ Purchase & Sale Validated by Evidence: ITAT Mumbai

Addition based on mere Photocopy of Alleged Agreement is unjustified

Mathematical Errors cannot be said to be Failure to Disclose Material Facts: ITAT Ahmedabad

Section 271D Penalty: ITAT Directs AO to Verify Reasonable Cause for Cash Loan

Section 43B Doesn’t Apply where payment precedes claim of expenditure

Demonetization Cash Deposit Scrutinized by AO, No Grounds for Section 263 Revision

ITAT Allows depreciation on car despite registration in Directors name

Unutilized CENVAT Credit to be Included in Closing Stock Value: ITAT Mumbai

No Disallowance of PF & ESI Payments made before due date of filing Income Tax Return

No Reference to DVO if Taxpayer’s Asset Value Exceeds FMV: ITAT Chennai

No Section 35(1)(ii) deduction on Donation to ineligible Scientific Research Trust

Section 271(1)(c) penalty based on estimated addition & Defective notice is unsustainable
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.
