#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
Initiation of reassessment in the name of non-existent amalgamated company is without jurisdiction
Income Tax
Income Tax
Reassessment merely based on information received from investigation wing is bad in law
Income Tax
Income Tax
Non-compliance due to receipt of notice in SPAM folder is sufficient cause for condonation of delay
Income Tax
Income Tax
Section 45(5A) inserted vide Finance Act 2017 doesn’t have retrospective effect
Income Tax
Income Tax
Disallowance u/s 36(1)(iii) unsustainable as advance given during normal course of business
Income Tax
Income Tax
Mere proving identity of creditor is insufficient, genuineness of transaction is also to be proved
Income Tax
Income Tax
Section 148A(d) order invalid if approval was taken from wrong authority
Income Tax
Income Tax
Reassessment proceedings unsustainable as full and true material facts provided
Income Tax
Income Tax
Ex-parte order unjustified as revenue failed to carry out primary duty post non-service of notice
Income Tax
Income Tax
Reopening of assessment based on mistaken factual premise is unsustainable
Income Tax
Income Tax
Reopening of assessment unsustainable as prerequisite for reopening beyond four years not fulfilled
Income Tax
Income Tax
SC on clarification filed by Revenue in matter of Abhisar Buildwell P Ltd
Income Tax
Income Tax
AO cannot reopen the assessment based on very same material & take another view
Income Tax
Income Tax
ITAT directs CIT(A) to examine if mandatory notice u/s 143(2) was issued by AO before issue of reassessment order
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.
