#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.

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

Reassessment Quashed as Section 148A(b) Reply Time Was Inadequate: ITAT Ranchi

Section 148A(b): Seven Clear Days Mandatory, Short Notice Invalid – ITAT Cuttack

No Bills Does Not Mean No Building—ITAT Restores Section 54F Claim

Wrong Sanction, Facts & Double Addition Sink ₹1,053 Crore Reassessment

Entire Property Value Cannot Be Taxed for Non-Compliance: ITAT Mumbai

BDA Site Replacement: ITAT Restores LTCG Claim & ₹46.40 Lakh Payment

Suspicion Cannot Mint Commission: 0.25% Ad Hoc Addition on Alleged Bogus Purchases Deleted

ITAT Mumbai Deletes Section 68 Addition Where Third-Party Material Lacked Transaction Nexus

ITAT Kolkata: CIT(A) Cannot Remand Assessment Not Made Under Section 144

ITAT Kolkata Differs on Section 148 Limitation and Refers Reopening Issue to Third Member

ITAT Raipur Quashes Section 148A(b) Notice for Lack of Seven Clear Days
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.
