#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 Ahmedabad Set Aside Ex-Parte Orders on Capital Gains & Penalty

Bogus purchases addition directed due to non-response to notices u/s. 133(6) and summons u/s. 131

Cost imposed on assessee for non-cooperation and matter restored back

Reassessment Beyond 4 Years Void Without Disclosure Failure: ITAT Chennai

Addition of ₹21,72,300/- made by AO u/s 68 was justified in case of sham transaction of Penny stocks share sale

ITAT Quashes Reassessment for borrowed satisfaction & mechanical approval

ITAT Quashes Reassessment Notice for borrowed belief without tangible material

ITAT Mumbai quashes reassessment for sanction by wrong authority

CIT(A) Cannot Change or reverse his Decision Under Garb of Rectification

Addition towards interest on cash loans directed to be deleted

Order passed in name of deceased person is not sustainable in law: ITAT Chennai

Where non-submission of documents led to Best Judgment Assessment, HC set aside order subject to 15% deposit

Accommodation entry addition upheld as shares purchased in off market mode

Writ against assessment order u/s. 147 dismissed due to availability of alternative remedy
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.
