Read all Latest Updates on and about section 143(3) of the Income Tax Act

Top

Begin typing your search above and press return to search.

Home
»
section 143(3) of the...

Assessment Order passed before Submission of Documents by Assessee is a Gross Violation of Natural Justice Principle: Madras HC [Read Order]

Yogitha S. Yogesh

In a recent judgement, the Madras High Court (HC) held that the assessment order passed before the submission of documents by the assessee is a gross...

Income from Sale of Residential Flats obtained under Joint Development Agreement Taxable as Capital...

High-Pitched Assessment by Income Tax Dept with unusual determination of Rate of Gross Profit: Delhi...

Shortage towards Principal in Lending Business Allowable as Bad Debt: ITAT [Read Order]

Disputed Income Tax Calculation based on FAQ from CBDT Circular invalid if Specific Provision exists...

Payment to Volunteers for Drug Analysis Supported by Signed Vouchers Allowable as Expenditure: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has recently in an appeal filed before it, held that payment to volunteers for drug analysis supported by signed vouchers, is allowable as...

Revision Order cannot be based on Mere Change of Opinion: ITAT [Read Order]

The Indore Bench of Income Tax Appellate Tribunal ( ITAT ) held that the revision order cannot be based on a mere change of opinion. Smt. Anupama Asawa, the assessee's income tax return for the...

No “Purchase” If Sale Deed Executed in favor of Assessee to Claim Capital Gain exemption u/s 54/54F: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has recently, in an appeal filed before it, held that no purchase can be said to be made, if sale deed is executed in favor of the assessee to...

Mere Appearance of staff of person in Judicial Custody should not be taken as appearance by Assessee himself in absence of Valid Notice: Orissa HC [Read Order]

In a major decision the Orissa High Court observed that mere appearance of staff of person in judicial custody should not be taken as appearance by assessee himself in absence of valid notice ...

Remand back of matter to AO to calculate Disputed Tax and not Fresh Adjudication: Bombay HC quashes action of PCIT [Read Order]

In a recent ruling the Bombay High Court quashed the action of the Principal Commissioner of Income Tax ( PCIT ) as the remand back of the matter to the Assessing Officer (AO) was to calculate...

Relief to PWC: ITAT direct Re-Adjudication on Income Tax Penalty Cases [Read Order]

The Kolkata bench of Income Tax Appellate Tribunal (ITAT) recently while giving relief to Price water house Coopers Pvt. Limited directs the first appellate authority to re-adjudication on income tax...

Interest paid on Customs Duty Deductible u/s 43B of Income Tax Act: ITAT [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Pune Bench, has recently, in an appeal filed before it, held that interest paid on customs duty is deductible u/s 43Bof the Income Tax Act, 1961. The...

Prev Page Next Page