#Section 147
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Income Tax
Income Tax
Reopening of assessment under section 147 for mistakes that could be rectified under section 154 is invalid
Income Tax
Income Tax
On non-compliance with statutory condition precedent, reopening of an assessment cannot be sustained
Income Tax
Income Tax
Reopening of an assessment on mere change of opinion without any tangible material is unsustainable
Income Tax
Income Tax
Income Tax – Reasseement can not be done under section 147 for rectification of mistake U/s. 154 – Mumbai HC
Income Tax
Income Tax
Reasons recorded by AO for reopening an assessment are the only reasons which can be considered when formation of belief is impugned
Income Tax
Income Tax
Validity of S.147 reopening has to be determined based on law prevailing on date of issue of S.148 notice
Income Tax
Income Tax
Recourse to the power under Section 147 cannot be sustained on a mere change of opinion
Income Tax
Income Tax
Income cannot be reassessed on a mere change of opinion
Income Tax
Income Tax
Income-Tax Department cannot re-open the assessment U/s. 147 of the Income Tax Act arbitrarily: SC
Income Tax
Income Tax
AO deemed to have applied his mind if facts are on record
Income Tax
Income Tax
Concept of “change of opinion” stands obliterated WEF 01.04.1989?
Income Tax
Income Tax
The assessing authority cannot act on the dictates of the Commissioner to reopen the concluded assessment
Income Tax
Income Tax
Validity of re-opening when no concealment of income and department applied higher tax rate of tax for framing re-assessment
Income Tax
Income Tax
Jurisdiction of AO to proceed with assessment under section 147 of IT Act, 1961
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.
