#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.

ITAT Quashes Reassessment for Penny Stock Loss Lacking Direct Nexus

ITAT Quashes Section 148 Notice Beyond 3 Years for Wrong Section 151 Approval

ITAT Orders Fresh Verification on Cash Deposits and Property Purchase Additions

Reopening of assessment for wrong year is illegal and unsustainable

Transfer order u/s. 127 made without serving notice upon assessee is invalid and inoperative

Tribunal Deletes ₹10.84 Cr Addition: Proper Sale Proceeds Ignored, Verified Loans Misread

ITAT Deletes ₹2.5 Cr Addition After Verifying Loan Trail; Penalty u/s 271(1)(c) Reconsidered

Notices Quashed for Non-Faceless Procedure Under Sections 148A and 148

Real Estate Income Issue Remanded as Section 44AD Claim Unaddressed: ITAT Nagpur

Section 263 Not Invocable When AO Takes a Plausible View After Inquiry: ITAT Mumbai

Writ Maintainable for Limitation & Jurisdiction Errors in Section 148A(d) Orders: Sikkim HC

Section 271(1)(c) Penalty Invalid Where Income is Determined on Presumptive Basis: ITAT Mumbai

CIT(A) Ignored Evidence on Record – Non-Speaking Order Set Aside

Delay Condoned for Police Official on Special Duty; Appeal Restored for Merits
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.
