#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.

FAQs on Maintenance of books of accounts under Income Tax Act, 1961

ITAT Deletes Bogus LTCG Addition in absence of Independent Inquiry & Corresponding Bank Credits

Telangana HC Allows Withdrawal of Income Tax Reassessment Challenge with Liberty to Refile

ITAT Deletes Additions as Transactions Belonged to Separate Partnership Firms with Different PANs

Section 50C Cannot Deny Indexed Cost of Improvement Claim: ITAT Hyderabad

Section 263 Revision Invalid as AO Had Already Examined Key Issues: ITAT Visakhapatnam

Reassessment Quashed as AO Relied on Borrowed Satisfaction Without Independent Analysis

Pune ITAT Deletes ₹1.14 Crore Addition Based Solely on Hawala Operator’s Statement; Cross-Examination Denial Proves Fatal

FMV of Surrendered Tenancy Rights Is Cost of Acquisition for Redeveloped Property: ITAT Mumbai

Reassessment Quashed as Section 143(2) Notice Was Issued Without Jurisdiction: ITAT Kolkata

Section 148 Notice quashed as Issuing Officer Had No Pecuniary Jurisdiction: ITAT Delhi

Reassessment Quashed as AO Failed to Decide Objections Before Assessment

ITAT Allows Leave Encashment Deduction as Payment to Insurer Was Actual Business Expenditure

Section 80-IA Deduction Reopening Set Aside as Enterprise Was Incorrectly Identified
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.
