#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.
Corporate Law
Corporate Law
Ressessment Invalid if no failure on the part of assessee to disclose fully & truly all material facts
Income Tax
Income Tax
Indiscriminate Income Tax notices without allowing reasonable time
Income Tax
Income Tax
Extend Time Limit for Income Tax Assessment time barring on 31.3.2022
Finance
Finance
Addl. CIT not empowered to Grant approval for reopening beyond 4 years
Income Tax
Income Tax
Mere digitally signing the notice is not the issuance of notice
Income Tax
Income Tax
Notice issued within few hours of information would not mean non-application of mind
Income Tax
Income Tax
Reopening of assessment with incorrect reasons is bad in law
Income Tax
Income Tax
No reassessment on the basis of future contingencies resulting in escapement of income
Income Tax
Income Tax
Reopening cannot be done in a mechanical manner & on a mere change of opinion
Income Tax
Income Tax
HC quashes reopening notice as reason to believe has no rational nexus to belief for escapement of income
Income Tax
Income Tax
Reassessment proceedings based on wrong assumptions of facts – Return not filed
Income Tax
Income Tax
Reopening notice invalid if no tangible material to establish escapement of income
Income Tax
Income Tax
Section 148 notice issued by non-jurisdictional Assessing Officer was without jurisdiction
Income Tax
Income Tax
Jurisdictional Condition Must Be Satisfied to Justify Notice for Reopening
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.
