#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.
Income Tax
Income Tax
Ad-hoc 20% Profit Estimate Set Aside; ITAT Restricts GP to 5% in Milk Trading Case
Income Tax
Income Tax
Section 80C Deduction & Agricultural Income Exemption Claims Restored to AO
Income Tax
Income Tax
Jurisdiction for Reassessment Notices Clarified to End Faceless AO Disputes
Income Tax
Income Tax
Reassessment for Bogus Purchases Quashed: Approval by Pr.CIT Invalid After 3 Years
Income Tax
Income Tax
Addition quashed as Form 2 under Income Declaration Scheme not served: ITAT Chennai
Income Tax
Income Tax
Reopening Quashed for Mechanical Approval and Verbatim Borrowed Reasons; Penalty Automatically Falls
Income Tax
Income Tax
Reopening Beyond 3 Years Quashed for Want of Proper Section 151(ii) Sanction from Pr. CCIT
Income Tax
Income Tax
Penny Stock LTCG Accepted as Genuine; No Assessee-Specific Evidence for Additions
Income Tax
Income Tax
Jurisdictional AO not authorized to issue notice u/s. 148 post faceless mechanism: ITAT Hyderabad
Income Tax
Income Tax
Bogus Purchase Cases: Only Profit Element Taxable; 4% GP Addition Upheld
Income Tax
Income Tax
Carbon Credit Sale Treated as Capital Receipt, Not Taxable Income
Income Tax
Income Tax
Documented and Repaid Unsecured Loans Cannot Be Treated as Accommodation Entries u/s 68
Income Tax
Income Tax
RTGS Sale Proceeds via Credit Society Not Unexplained Money
Income Tax
Income Tax
ITAT Delhi Quashed Reassessment for Invalid Sanction Beyond Three Years
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.
