#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.

Section 50C Addition Deleted: AO Cannot Ignore DVO Valuation Once Reference Is Made

Reassessment Notice Issued by Wrong Authority – ITAT Quashes Entire 148 Proceedings Following P&H HC

On-Money Addition Reduced: Photocopy of Agreement Lacks Evidentiary Value for Taxation

ITAT Ahmedabad directs AO to mandatorily refer to DVO when stamp duty value is disputed – Addition u/s 50C set aside

ITAT Orders Fresh Adjudication due to non-receipt of notices & personal circumstances

CIT(A) Misreads Jewellery Sale as Purchase: ITAT quashes Cash Deposit Addition

No Fair Hearing, No Valid Assessment – ITAT Backs Remand for Fresh Inquiry

No Property, No Proof, No Mind – ITAT Slams “Blind” 147 Reopening & Upholds Quash

Assessment Set Aside for Non-Issuance of Notice u/s 143(2)

Section 147 Reopening Validity: When Search Information Doesn’t Require Section 153C

ITAT Quashes ₹42 Cr 153A Addition: No Incriminating Material Found During Search

Tribunal Grants Final Opportunity to Non-Filer Before Upholding Reassessment

ITAT Jabalpur Restricts Addition to 12% Presumptive Interest on Cash Deposits

₹15.55 Cr Unexplained Cash Addition: ITAT Remands Case Due to CIT(A) Ignoring Evidence
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.
