#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 on reasoning that another director has disclosed income differently is unsustainable
Income Tax
Income Tax
Reopening unsustainable as post assessment there was no change in law and no new material came on record
Income Tax
Income Tax
Reopening of assessment unsustainable in absence of any failure on part of assessee
Income Tax
Income Tax
Mere change of opinion does not provide jurisdiction for re-opening of assessment
Income Tax
Income Tax
Reopening of assessment on the basis of change of opinion is untenable
Income Tax
Income Tax
Reopening of assessment without any new tangible material is unsustainable
Income Tax
Income Tax
Gujarat HC quashed Section 148 notices for AY 2013-2014 & 2014-2015
Income Tax
Income Tax
Initiation of reassessment in spite of full & true disclosure is untenable
Income Tax
Income Tax
Allahabad HC on Section 148 Notices issued after 01.04.2021 for AY 2013-14 to 2017-18
Income Tax
Income Tax
Reopening of assessment without any new information is unjustified
Income Tax
Income Tax
Notice issued without sufficient reasons to initiate reassessment is not sustainable
Income Tax
Income Tax
Reopening of assessment despite full & true disclosure of material facts is unjustifed
Income Tax
Income Tax
Mere ‘reason to believe’ not satisfy condition for reopening of assessment
Income Tax
Income Tax
Reopening of assessment and imposition of penalty set aside as AO failed to satisfy HC direction
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.
