#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 Partially Upholds Unexplained Investment Addition

Additions towards penny stock based on concept of human probabilities not justified: ITAT Delhi

No section 68 addition merely for trading in penny stock: ITAT Mumbai

Central Government Rescinds 6 Central Excise Notifications issued in 2022

Reassessment order quashed as mandatory requirement of notice u/s. 143(2) not complied

Reassessment quashed as reasons supplied to assessee & to higher forum were not same

Addition u/s. 69 on protective basis not justified as genuineness of transaction established

PCIT expressing different view by invoking section 263 not justified: ITAT Ahmedabad

Unexplained Investment & Loss Set-Off Case Remanded to AO for Lack of Details

Reassessment notice u/s. 148 being barred by limitation is liable to be quashed: ITAT Mumbai

Addition u/s. 69A sustained since assessee remained non-compliant: ITAT Ahmedabad

NFAC and Jurisdictional Assessing Officer hold concurrent jurisdiction: Delhi HC

Delay in filing of an appeal before CIT(A) condoned as sufficient cause shown: ITAT Delhi

Reassessment notice under section 148 served after date of limitation is bad-in-law: ITAT Kolkata
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.
