#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.

Cash Deposits Added as Unexplained Income Because Sales Bills Were Not Examined

No Proof of On-Money, ₹1.52 Cr Buyer Addition Deleted

Post-2022 Reassessment Fails for Ignoring Faceless Procedure

Reassessment Quashed Because Section 148 Notice Was Time-Barred

₹1 Crore Commission Addition Rejected for Mere Suspicion

Assessment Quashed for Ignoring Binding DRP Directions

Share Capital Addition u/s 68 Fails in Pre-2013 Years: Kolkata ITAT Deletes ₹4.28 Cr

Reassessment Quashed Because Notices Were Issued to a Dead Person

Reassessment Quashed for Breach of Proviso to Section 147

ITAT Mumbai Rejected Section 50C Due to Flawed Valuation of Tenanted Property

ITAT Delhi Quashed Reassessment For Wrong Assumption of Facts

Reasons First, Notice Later: Illegal Reassessment Quashed

Sales Accepted, Purchases Can’t Be Bogus Under MVAT Alerts

Entry Operator Statement Is No Evidence Without Fair Hearing
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.
