#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.

Reopening u/s 148 Quashed for Borrowed Satisfaction: Gujarat High Court

Section 68 Cannot Turn Both Loan & Repayment Into Income: ITAT Mumbai

ITAT Mumbai Quashes Reassessment for Borrowed Satisfaction Based on Investigation Wing Information

ITAT Mumbai Sets Aside Section 263 Revision During IBC Moratorium

ITAT Chennai Quashes Section 263 Revision Over Earlier-Year Lease Advances

No Passport Needed for Every Dollar: ITAT Accepts Foreign Cash Savings, Deletes ₹30 Lakh Addition

ITAT Quashes Time-Barred Reassessment Despite Non-Cooperation; ₹5,000 Cost Imposed

Gujarat HC Quashes Section 148 Notice Issued Against Deceased Assessee

Suppressed Turnover Cannot Be Fully Taxed as Income, ITAT Limits Addition to 2%

ITAT Rajkot Quashes Reassessment for Lack of Tangible Material & Unsigned Approval

NFAC Show-Cause Notice Before 29 March 2022 Invalid: ITAT Cuttack

Penny-Stock Label Cannot Replace Bank and Demat Verification: ITAT Mumbai

WhatsApp Chats Alone Cannot Justify Sections 69A/69C Additions: ITAT Mumbai

ITAT Bangalore Allows TDS Credit and Refund in Return Filed Under Section 148
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.
