#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
Reopening based on assessment record without tangible material is unsustainable
Income Tax
Income Tax
Issue considered in order is open for revision if order is erroneous and prejudicial to interest of justice
Income Tax
Income Tax
Addition for cash deposit in bank based on reopening without application of mind deleted
Income Tax
Income Tax
Revisional jurisdiction u/s 263 not invocable as order passed by AO doesn’t satisfy twin conditions
Income Tax
Income Tax
Reassessment Notice against already Amalgamated Company is Invalid
Income Tax
Income Tax
Mere cash deposited with bank is not a prima facie belief for escapement of Income
Income Tax
Income Tax
Reassessment processing beyond 6 years is barred by limitation
Income Tax
Income Tax
Benefit of TOLA 2020 not available to first proviso to Section 149(1)(b) of Income Tax Act
Income Tax
Income Tax
Reasons recorded for reopening are to be examined on a standalone basis
Income Tax
Income Tax
Notice issued without stating basis for assumption of jurisdiction u/s 147 and 148 is unsustainable
Income Tax
Income Tax
Reassessment based on Tax Evasion Petition: HC refers matter back to AO
Income Tax
Income Tax
Initiation of re-assessment proceeding beyond four years is legally impermissible
Income Tax
Income Tax
Reassessment Notice should specify reasons for escapement of income
Income Tax
Income Tax
Section 263 cannot be invoked on issue on which AO passed order after considering detailed reply of Assessee
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.
