#section 143(3)
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Section 56(2)(x) not attracted to trust created for benefit of members/relative of settler identified as beneficiaries

Matter restored to CIT(A) and cost imposed for continuous non-compliance to notice of CIT(A)

Revision order u/s 263 rightly passed as AO failed to examine cash deposited during demonetization

PCIT exercising suo motu revisional power cannot travel beyond scope of limited scrutiny in original order

ESOP expenditure is allowable under section 37(1) of Income Tax Act

Subsequent revisional order tends to be invalid as original re-assessment order passed invalidly

Mere typographical mistake without independent evidence doesn’t amount to unexplained money

Income from sale of developed flat under Joint Development Agreement taxable as capital gain

Distribution of samples of infant milk substitutes, feeding bottles etc. is prohibited under law

Reassessment unsustainable if full & true material disclosure during original assessment

ITAT directed JET to pay cost for failure to comply with various notices issued by lower authorities

Delay of 988 days cannot be condoned on the basis of vague reason

Payment by GIPL to Google US towards seconded employees is outside purview of FTS/ FIS

Fresh adjudication directed as assessment order was dismissed on erroneous reasoning
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.
