#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.

Audited Accounts Prevail Over Unaudited Tally Data: ITAT Deleted Addition

Reassessment for AY 2015-16 Quashed as Notice Was Time-Barred: ITAT Bangalore

Undated recorded reasons for reopening: ITAT Delhi Quashes Reassessment

ITAT Delhi Quashes Reassessment as ACIT Lacked Jurisdiction Under CBDT Income Limits

ITAT Quashes Reassessment as Reopening Was Based Solely on Borrowed Satisfaction

Reassessment Order Set Aside Despite Service at PAN Address as Effective Hearing Was Not Granted

ITAT Deletes Section 68 Addition as No Share Capital Was Received During the Year

ITAT Bangalore Condones Appeal Delay Due to Assessee Filing Returns Under New PAN

Unexplained Money Addition Quashed as Transactions Were Conducted on Behalf of Bank

ITAT Rajkot Quashes Reassessment as Escaped Income Was Below ₹50 Lakh Threshold

Section 69 Addition Reduced as Assessee Produced Evidence of Agricultural Income & Investments

Tenant Eviction Payments Allowable in Capital Gains Computation: ITAT Delhi

ITAT Delhi Quashes Reassessment Beyond Four Years for Lack of Disclosure Failure

Penny Stock Addition Fails: ITAT Says Suspicion Cannot Replace Evidence
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.
