#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
Reassessment on the basis of information received under treaty is valid
Income Tax
Income Tax
Reopening on the basis of information of accommodation entries justified
Income Tax
Income Tax
No change of opinion if AO not examined or applied his mind on a particular issue-HC
Income Tax
Income Tax
Reopening on the ground on which AO already held detailed discussion during original Assessment is not valid
Income Tax
Income Tax
Reopening based on Second thought on same material not valid – SC
Income Tax
Income Tax
Reversal of law by Supreme Court does not justify reopening
Income Tax
Income Tax
Reopening on the basis of approval from CIT instead of JCIT/Addl. CIT is not valid
Income Tax
Income Tax
Reopeing of Assessment to verify compliance with provisions amended in future is invalid
Income Tax
Income Tax
Re-assessment held to be void if AO has not analysed in detail the reasons of reopening
Income Tax
Income Tax
Assessment cannot be reopened u/s 147 in absence of tangible material
Income Tax
Income Tax
Re-opening of assessment for change of opinion not valid – SC
Income Tax
Income Tax
Section 147 cannot be invoked for amendment with retrospective effect
Income Tax
Income Tax
Fishing inquiries unconnected with reasons recorded in reassessment proceedings not allowed
Income Tax
Income Tax
Conditions to reopen u/s. 147 after 4 years from end of relevant A.Y.
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.
