#Section 147
Log in to FollowLatest Section 147 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Section 148 Notice Quashed as SC Ruling Settled Limitation Issue: Bombay HC

ITAT Bangalore Upholds Disallowance of ₹1.37 Cr “Consultancy” to Swamiji; Reassessment Valid

Mutuality upheld, but bank interest taxed: ITAT sends club case back

No additions on account of consultancy receipts and alleged unexplained investments

Reassessment Quashed as Mechanical Approval u/s 151 & Jurisdiction Wrongly Assumed by ITO

ITAT deletes addition of unexplained income as cash deposit evidence was furnished

Double addition flagged: ITAT gives vegetable trader one more chance-with cost

Reassessment Upheld Due to Undisclosed Capital Gains on Registered Sale Deed: ITAT Mumbai

ITAT Mumbai Accepted Ignorance & Accountant’s Default as Sufficient Cause for Delay in Appeal Filing

Addition Deleted as Gross Receipts Cannot Be Taxed Without Profit Determination: ITAT Amritsar

ITAT Mumbai Deletes LTCG Addition as No Evidence of Share Transaction Being Bogus

ITAT Delhi Quashes Reassessment as Wrong Explanation Invoked & Casual Approval

Delay in Filing Appeal Should Be Liberally Condoned When Sufficient Cause Exists – ITAT Bangalore

ITAT Kolkata Reduces Profit Estimation to 4% Due to Lack of Comparable Basis
Explore the latest Section 147 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.
