#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.

Gross Interest Can’t Be Taxed Ignoring Interest Cost: Ahmedabad ITAT

Borrowed Satisfaction: Guwahati ITAT Quashes 147 Reopening & 68 Addition on Alleged F&O Loss

Reopening for Section 68 but Taxing u/s 115BBC Is Jurisdictional Mismatch: Pune ITAT Quashes Reassessments

Appeal Cannot Be Dismissed for Non-Appearance Without Merits Review: ITAT Chennai

Section 148 Notice Invalid Because Dispatch Date, Not Signature Date, Determines Issuance

Reassessment Fails Due to Wrong Use of Section 69 for Recorded Purchases with out book rejection

Cash Payment Disallowance Rejected Due to Valid 40A(3) Relief

Revenue Appeal Dismissed Due to Wrong Forum Selection

Section 263 Invoked for Failure to Verify Source of Cash Deposits

Loss-Making Co-operative Society Not Liable on Bank Deposits

Reassessment Quashed for Wrong Sanction Under Section 151

Profit Estimated as Safeguard; Bulk Cash Credit Addition Set Aside

ITAT Grants Last Chance in ₹2.28 Cr Unexplained Property Investment Case

Illiteracy and Notice Errors Save ₹2.61 Cr in ITAT Delhi Ruling
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.
