Read all Latest Updates on and about Section 143(2) of the Income Tax Act

Begin typing your search above and press return to search.

Home
»
Section 143(2) of the...

ITAT Quashes Assessment Order as Notice u/s 143(2) Sent to Wrong Address [Read Order]

The Income Tax Appellate Tribunal (ITAT) Pune Bench has quashed the assessment order passed against the assessee on the ground that the notice under...

CIT(A) deletes additions on Unsecured Loans after considering additional evidence: ITAT set asides...

Disallowance of Rs. 2.97 Crore as Bogus Expenditure u/s 69C: ITAT Upholds 10% Disallowance [Read...

₹5.98 Lakh Addition due to Clerical Error in Depreciation: ITAT sets aside for Re-examination [Read...

₹278.67 Crore Addition on Ex-Andhra CM Y.S. Jagan Mohan Reddy Scrapped by ITAT Over Insufficient...

ITAT Directs TPO to Reassess Intra-Group Service Payments and Arm's Length Pricing due to Insufficient Evidence [Read Order]

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) directed the Transfer Pricing Officer ( TPO ) to reassess the intra-group service payments and determine the arm's length price ( ALP )...

Unexplained Cash Credits of Rs. 12.83 Crores Added u/s 68: ITAT Upholds CIT(A)'s Deletion [Read Order]

The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the decision of the Commissioner of Income Tax(Appeals) [ CIT(A) ] in deleting the addition of Rs. 12.83 Crores made by the...

Capital Gains Tax Applies to Owner Proven by Registered Sale Deeds: ITAT [Read Order]

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that capital gains tax applies to the owner as proven by registered sale deeds. Ranganath Ashok Meharwade,appellant-assessee,...

Procedure u/s 50C must follow while Sale consideration differs from Stamp Value: ITAT [Read Order]

The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that when the sale consideration in the sale deed differs from the stamp duty value, the Assessing Officer ( AO ) must follow the...

PCIT Challenges ₹67.50 Crores as Unexplained Income: Delhi HC validates it as Land Sale Advance Citing Banking Transfers and Agreements [Read Order]

In a recent ruling, the Delhi High Court upheld the validity of a Rs. 67.50 crore transaction as a legitimate land sale advance citing evidence of banking transfers and an executed Agreement to Sell...

Delhi High Court - section 68 of Income Tax Act - Income Tax Act - Delhi HC validates income as land sale advance - taxscan

ITAT Remands Case for Reassessment of Rs. 9.74 Lakh Unexplained Cash Deposits, allows Assessee to Submit Evidence [Read Order]

The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) remanded the case for reassessment regarding Rs. 9.74 lakh in unexplained cash deposits made during the demonetization period,allowing the...

Rule 12E of Income Tax Rules does not confine CBDT’s powers to only authorize NFAC Officers for purposes u/s 142(1): Delhi HC [Read Order]

The Delhi High Court recently dismissed a Petition citing that Rule 12E of the Income Tax Rules, 1962 does not mandate the Central Board of Direct Taxes ( CBDT ) to appoint only Officers from the...

Prev Page Next Page