ITAT Quashes Assessment for Invalid Section 143(2) Notice; Grants Multiple Reliefs to Assessee The assessee, ABC India Limited, filed its return declaring a loss for AY 2022-23, which was selected for scrutiny under CASS. The Assessing Officer completed the assessment under Section 143(3) read with Section 144B, making multiple additions, including capital gains on the…
ITAT Rules No Fresh 143(2) Notice Needed After Section 263 Revision The assessee, M/s. G Corp Pvt. Limited, engaged in real estate development, filed its return declaring a loss. The original assessment under Section 143(3) was completed, determining income after certain disallowances. Subsequently, the Principal Commissioner of Income Tax invoked revisionary powers under Section 263,…
We use cookies to improve your experience on our site. By using our site, you consent to cookies.
Manage your cookie preferences below:
Essential cookies enable basic functions and are necessary for the proper function of the website.
These cookies are needed for adding comments on this website.
Statistics cookies collect information anonymously. This information helps us understand how visitors use our website.
Google Analytics is a powerful tool that tracks and analyzes website traffic for informed marketing decisions.
Service URL: policies.google.com (opens in a new window)