#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.

Central Circle Not Exempt from Faceless Reassessment Regime: ITAT Hyderabad

Entire Bogus Purchase Disallowance Rejected When Books Not Rejected: ITAT Pune

Reassessment Invalid Without Section 143(2) After Return u/s 148: ITAT Pune

Investigation Wing Inputs Alone Insufficient for Section 68 Additions

Income of Predecessor Company Cannot Be Clubbed with Successor Post-Amalgamation

Audit Objection-Driven Reopening Invalid Without AO’s Satisfaction: ITAT Ahmedabad

ITAT Lucknow Upholds Reopening u/s 150; Deletes Unsecured Loan Addition

Entire Sale Proceeds Cannot Be Taxed as Capital Gain

Delay in Appeal Filing Must Yield to Substantial Justice

Accommodation Entry Income Cut to 1.5% in Bank Routing Case

Wrong Valuation Report Leads to Capital Gains Addition

Delay Excused Where Notices Never Reached the Assessee

Audit Penalty Set Aside Due to Bona Fide Cause for Delay

Stamp Duty Addition Deleted for Lack of Evidence of Claim
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.
