#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.

Delhi HC Sets Aside Late Reassessment Notices Following SC Guidance

ITAT Upholds Addition for Bogus LTCG from Penny Stocks

Section 54 Relief Upheld as Property Reinvestment Delay Beyond Assessee’s Control

No Defect in Books, No Section 68- When Books Are Clean, Additions Can’t Stand

Capital Gains on Development Rights Taxable to Members, Not Society: ITAT Mumbai

ITAT Ahmedabad Remands Case for Proper Adjudication of URD Cash Transactions

No Coercive Recovery During Pendency of Appeal in Reassessment Case: Madras HC

ITAT Deletes ₹2.5 Cr Loan Addition After AO Failed to Rebut Lender’s Creditworthiness

Addition Based Solely on Third-Party Statement Without Cross-Examination Quashed

Reassessment on Wound-Up Foreign FPI Held Void: ITAT Quashes ₹456 Cr Addition

ITAT Ahmedabad Restores Bogus LTCG Addition on Penny Stock ‘Safal Herbs’

Dead Firm, Live Notice: ITAT Rajkot Quashes Reassessment Against Non-Existent Entity

Reassessment u/s. 147 based solely on change of opinion is impermissible

Income Tax Order Without Personal Hearing Liable to Be Quashed: Gujarat 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.
