#Section 147
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Income Tax
Income Tax
Notice U/s. 148 notice and order on objections cannot be challenged by Writ Petition
Income Tax
Income Tax
Re-assessment proceedings based on mere bald statement that assessee has failed to make a full & true disclosure of material facts not sufficient
Income Tax
Income Tax
If no additions made on grounds of reassessment, than no addition can be made on other aspects
Income Tax
Income Tax
Reassessment cannot be challenged based on mere subsequent judgment in the case of another assessee
Income Tax
Income Tax
S. 147 Disclosure of 2G Spectrum Report not mandatory, if AO Furnished material on which he recorded his satisfaction
Income Tax
Income Tax
Explanation 3 to section 147 has no application In relation to issue cropped up subsequent to original assessment on new set of facts
Income Tax
Income Tax
Quality & lavishness of construction is not incriminating material
Income Tax
Income Tax
Re-appreciation of seized material in subsequent proceedings by the AO is unjustified
Income Tax
Income Tax
Return of income processed u/s 143(1) cannot be reassessed u/s 147 on mere change of opinion of AO
Income Tax
Income Tax
Time to be excluded in computing period of limitation for completion of assessments and reassessments
Income Tax
Income Tax
Merely applicability of sec 50C will not prove escapement of Income
Income Tax
Income Tax
Reopening on the basis of vague / uncertain information on Accommodation Entry not valid
Income Tax
Income Tax
Despite Sanction Reopening Void If Satisfaction is Recorded in a casual or routine manner
Income Tax
Income Tax
Reassessment order cannot be challenged in Writ – SC
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.
