#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.

Gujarat HC Sets Aside Reopening as High-Value Bank Credits Alone Cannot Justify Reassessment

ITAT Rejects Bogus LTCG Addition as No Independent Enquiry Was Conducted

ITAT Remands Property Sale Gain Addition as Purchase Cost Was Not Considered

ITAT Quashes Reassessment as Section 151 Approval Was Not Obtained from Competent Authority

Section 80P Deduction Allowed on Interest Income Attributable to Credit Society’s Business

ITAT Quashes Reassessment as Section 151 Approval Was Granted by Wrong Authority

SC Remands Over 1000 Reassessment Appeals After Finance Act 2026 Changed Law

ITAT Deletes Section 68 Addition as Sale Proceeds Were Realisation of Earlier Investment

FAQs on Assessments under Income-tax Law

ITAT Deletes Cash Deposit Addition as Source Was Prior Bank Withdrawals

Gujarat HC Quashes Assessment as Section 68 Addition Was Made Without Reasons

Section 148 Notice Quashed as Seized Document Had No Link With Taxpayer: Gujarat HC

ITAT Quashes Reassessment as Section 148 Notice for AY 2015-16 Was Time-Barred

Vivad se Vishwas Benefit Allowed as Assessment Was Based on Survey, Not Search: Gujarat HC
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.
