#Section 147
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Income Tax
Income Tax
Best judgment assessment- Salary & interest to partners can be disallowed
Income Tax
Income Tax
Reason to believe that Income has escaped Assessment applies even in case of non-filing of return
Income Tax
Income Tax
Notice for reopening of assessment against a dead person is invalid
Income Tax
Income Tax
Reassessment when Assessee made AO left with little time to complete assessment
Income Tax
Income Tax
Reassessment on change of opinion on provision for bad & doubtful debts is invalid
Income Tax
Income Tax
HC cannot dismiss Revenue’s appeal in limine holding that no substantial question of law involved
Income Tax
Income Tax
Reassessment proceedings invalid if officer issuing notice & recording reasons are different
Income Tax
Income Tax
Reassessment order passed without disposal of objections raised by assessee is invalid
Income Tax
Income Tax
Bogus Purchase: Reassessment based on info that assessee involved in the same is valid
Income Tax
Income Tax
Reassessment invalid if notice U/s. 143(2) not issued after notice u/s 147/148
Income Tax
Income Tax
Reassessment notice based on Competent Authority approval without application of mind is invalid
Income Tax
Income Tax
Disclosing Reason to Believe
Income Tax
Income Tax
Reassessment based on material available during original scrutiny assessment not permitted
Income Tax
Income Tax
HC quashes Notice for re-assessment based on change of opinion
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.
