#Section 147
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Addition u/s. 68 set aside as source of credits disclosed: ITAT Mumbai

ITAT Mumbai Quashes ₹2.23 Cr Addition for Lack of Reassessment Approval

License fee for broadcasting sports event apportioned as 10% towards recorded events and 90% towards live coverage

Addition u/s. 68 quashed as cash deposits already included in turnover declared in return

P&H HC Quashes time-barred Reassessment Notices for AY 2015-16

Rajasthan HC directs AO to follow SC’s Rajeev Bansal ruling on time-barred AY 2015-16 tax notices

Till March 2013 section 68 not require explanation of source of credit: ITAT Mumbai

Addition on protective basis deleted as bank account fraudulently opened in assessee’s name

Time Barred Section 148 Notice: ITAT Mumbai Quashes Reassessment

Section 148 notice time-barred: ITAT Mumbai Quashes Reassessment

ITAT Raipur Annuls Reassessment for Time-Barred Section 148 Notices

ITAT Raipur Quashes Reassessment Due to Time-Barred Notice

SC: ACIT vs Amit Jain Aligns with Rajeev Bansal Ruling

Madras HC Quashes Reassessment Notice on Limitation Grounds
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.
