#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.

Unsecured Loan Addition Deleted After Lenders Prove Genuineness: ITAT Bangalore

Jewellery Ownership and Cash Purchasers Must Be Verified: ITAT Bangalore

ITAT Bangalore Allows Section 80P Deduction on Co-operative Bank Interest and Reserve Deposits

Section 271(1)(c) Penalty on Withdrawn Section 35 Donation Deduction Deleted: ITAT Ahmedabad

Penalty Passed Beyond Extended Limitation Under Section 275 Quashed: ITAT Mumbai

Reassessment Quashed as PCIT Approval Invalid Beyond Three Years: ITAT Delhi

FEMA NOC Rejection Without Investigation Nexus Set Aside: Karnataka HC

Revised Return Correcting F&O Loss Classification Must Be Considered: ITAT Mumbai

Third-Party Excel Sheet Cannot Prove Unexplained Cash Investment: ITAT Agra

Section 147 Reassessment Invalid After Search Triggered Section 153A: ITAT Mumbai

Section 147 Reassessment Invalid When Search Material Requires Section 153C: ITAT Agra

AY 2015-16 Reassessment Notices Issued After 1 April 2021 Must Be Dropped: Karnataka HC

Karnataka HC Quashes Ex Parte Reassessment and Restores Proceedings for Fresh Response

Reassessment Cannot Begin with a Doubt and End in a Fishing Enquiry: Karnataka HC
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.
