#Section 147
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Income Tax
Income Tax
Reassessment Notice U/s. 148 void even if issued by authorities who rank higher than competent authority
Income Tax
Income Tax
Reassessment u/s 147 valid if assesse had deemed notice of reassessment proceedings
Income Tax
Income Tax
Assessment is liable to be quashed in absence of issuance of notice u/s 143 (2)
Income Tax
Income Tax
Unabsorbed depreciation can be set off against capital gain from sale of depreciable asset
Income Tax
Income Tax
Mere Entries found in third party books are not binding on Assessee
Income Tax
Income Tax
Once identity & creditworthiness of parties and genuineness of transaction proved, section 68 cannot be invoked
Income Tax
Income Tax
Passing of ex-parte without giving hearing to Assessee would constitute violation of natural Justice
Income Tax
Income Tax
Review u/s 254(2) only if there is a mistake apparent from the record
Income Tax
Income Tax
Reassessment u/s 148 quashed, on issue of notice without valid jurisdiction
Income Tax
Income Tax
No new material besides full and true disclosure, reassessment u/s 148 is not justified
Income Tax
Income Tax
Reopening of Assessment u/s 147 cannot be allowed if there is any subsequent change in Law
Income Tax
Income Tax
Re-assessment proceedings concluded us/ 147 are invalid if notice u/s 143(2) is not issued
Income Tax
Income Tax
S. 147 Reopening based on material placed before DRP considering the same as new material
Income Tax
Income Tax
Reasons for initiating assessment u/s 147 should be recorded prior to issuance of notice u/s 148
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.
