#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.

Section 68 Addition Deleted as Loans Supported by Documents: ITAT Delhi

Section 148 Reassessment Upheld After Section 147A Amendment: Madras HC

Section 50B Capital Gain Addition Deleted as Slump Sale Already Taxed: ITAT Mumbai

Rental Income from Let-Out Office Taxable as House Property Income: ITAT Delhi

Section 147 Reassessment Quashed as Escaped Income Below Section 149 Threshold: ITAT Rajkot

Section 147 Reassessment Quashed as Reopening Based on Change of Opinion: ITAT Mumbai

Reassessment Under Section 147 Invalid Where Section 153C Applies: ITAT Pune

Section 80P(2)(d) Deduction Allowed on Cooperative Bank Interest: ITAT Pune

Section 148 Reassessment Notice Upheld for Failure to Fully Disclose Material Facts: Gujarat HC

Section 69 Addition Deleted for Lack of Cross-Examination & Corroborative Evidence: ITAT Delhi

Section 68 Addition Deleted as Advance Recovery Explained by Evidence: ITAT Delhi

Section 54EC Exemption Allowed on Development Rights Consideration: ITAT Mumbai

Cash Deposits for Digital Money Transfers Not Unexplained Income: ITAT Kolkata

Section 270A Penalty Deleted as Bombay HC Quashed Section 148 Reassessment Notice: ITAT Mumbai
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.
