#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 Mumbai capped Bogus Purchases Addition at 12.5% Gross Profit

ITAT Sets Aside Penalty Order as core quantum appeal was pending

ITAT Delhi quashes assessment on Company under Liquidation – IBC moratorium overrides Income Tax Proceedings

No Addition u/s 69A if name of Assessee was not mentioned in seized documents

Without Bogus Purchases, No Bogus Sales – ITAT Deletes ₹4.67 Cr Addition

Section 147 reassessment cannot stand if foundational addition prompting reopening is invalidated

Section 148 Notice for AY 2015-16 Held Time-Barred: ITAT Mumbai

Once 263 is dropped, 147 Is Dead – Kolkata ITAT Strikes Down Reassessment/Quashes Rs. 7.03 Cr Addition

ITAT Ahmedabad Restores Cash Deposit Addition to AO – Joint a/c with Agriculturist Father Considered

ITAT Kolkata Quashes Reassessment: No Addition on Recorded Reason, Reopening Fails

Reassessment u/s. 148 based on survey operations without tangible material cannot be sustained

ITAT Delhi Quashes Reassessment as No Addition Made on Recorded Reason u/s 147

Scrap Dealer Gets New Hearing due to Ignored Submissions

Reopening notice beyond four years cannot be sustained without non-disclosure
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.
