#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.

ITAT Mumbai Restricts Bogus Purchase Profit Addition to 5% Instead of 12.5%

Section 143(2) Notice by ITO Without Pecuniary Jurisdiction Invalid: ITAT Mumbai

608-Day Appeal Delay Condoned for Bona Fide Section 264 Revision: ITAT Mumbai

Surviving limitation period after Rajeev Bansal cannot be ignored: ITAT Mumbai

Reopening Invalid Where Partner Interest & Remuneration Clauses Are Not Mandatory: Gujarat HC

ITAT Bangalore Remands 8% Profit Estimate on ₹3.79 Crore Turnover

Foreign Remittances Were Examined Once; AO Could Not Reopen on the Same Material

₹58 Lakh Property Sale Reassessment Remanded to Verify Joint Venture Share: ITAT Bangalore

Documentary Evidence Justifies Restricting Bogus Purchase Addition to 3%: ITAT Mumbai

Investigation Wing Report Alone Cannot Sustain Section 68 Loan Addition: ITAT Mumbai

Power Agent’s Same-Day Transfers Defeated ₹1.25 Crore Section 69A Addition: ITAT Chennai

Untested Third-Party Statement Could Not Sustain ₹9.65 Crore Gold Addition: ITAT Chennai

608-Day Delay Condoned Due to Bona Fide Section 264 Revision Pursuit: ITAT Mumbai

Returned Income Above Rs. 20 Lakh Puts Case Beyond ITO Jurisdiction: ITAT Mumbai
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.
