#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.
Goods and Services Tax
Goods and Services Tax
Addition Based Only on GST Data Invalid – 153C Notice Quashed – No Incriminating Material
Income Tax
Income Tax
No Tax on Notional Keyman Policy Value – ITAT Deletes Addition on Unrealised Surrender Value
Income Tax
Income Tax
ITAT Kolkata Deletes Section 69A Rs. 11 Lakh Addition on Accommodation Entry
Income Tax
Income Tax
Sand Purchase Price Reduced: Reason AO Cannot Rely on Partner’s Confession Alone for Inflated Rate
Income Tax
Income Tax
Bulk Sale Discount Valid: Reason Tax Authorities Cannot Force a ‘Uniform Price’ on Share Transactions
Income Tax
Income Tax
Time-Barred Notice, No Evidence, MAT Higher – ITAT Quashes Reopening & Wipes Out ₹25 Cr Addition
Income Tax
Income Tax
ITAT Quashes 4 Years of Assessments: Mechanical Sanction and Vague Reasons Vitiate Jurisdiction
Income Tax
Income Tax
No Exempt Gain, Only Genuine Loss – ITAT Rejects Penny Stock Allegation Allows ₹26.13L Business Loss
Income Tax
Income Tax
No 143(2), No Jurisdiction- ITAT Quashes Penny Stock Reassessment Despite Non-Cooperation by Assessee
Income Tax
Income Tax
Income Tax Jurisdiction Defect: ACIT Cannot Issue 148 Notice Below ITO’s Prescribed Monetary Limit
Income Tax
Income Tax
ITAT Deletes Addition on Alleged Shell Company Funds as AO Failed to Prove Transaction
Income Tax
Income Tax
Section 148 Reassessment Stayed Pending SC Verdict: HP HC
Income Tax
Income Tax
Kerala HC Restores Tax Appeal Dismissed for Delay; Cites AO’s Natural Justice Breach
Income Tax
Income Tax
Tax Relief on Peak Credit: ITAT Accepts Source of Funds Proved by Group Entity Confirmations
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.
