#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.
Income Tax
Income Tax
Penalty u/s 271(1)(c) unsustainable in absence of recording of satisfaction
Income Tax
Income Tax
ITAT Bangalore Quashes Assessment Order Due to Invalid Notice under Section 143(2)
Income Tax
Income Tax
Condonation of delay in filing of appeal granted in absence of malafide or deliberate intention
Income Tax
Income Tax
Addition restricted to 25% in case of bogus purchase
Income Tax
Income Tax
Non-resident individuals not required to disclose assets held outside India in ITR
Income Tax
Income Tax
Interest on money borrowed for business is allowable as business expenditure
Income Tax
Income Tax
Gift for personal use from family members doesn’t require any special occasion
Income Tax
Income Tax
Reassessment proceedings unsustainable as material facts fully and truly disclosed
Income Tax
Income Tax
Insertion of first and second proviso to section 50C(1) being curative in nature has retrospective effect
Income Tax
Income Tax
Delhi HC Orders Re-Adjudication on Same-Day Notice & Reassessment Order
Income Tax
Income Tax
Reopening of proceedings u/s 147 sustainable as original return processed u/s 143(1)
Income Tax
Income Tax
No penalty u/s 271(1)(c) can be imposed when income is estimated
Income Tax
Income Tax
Assessment order based on invalid notice u/s 148 is unsustainable
Income Tax
Income Tax
Depreciation allowed on payment of non-compete fee for business purpose
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.
