#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.

ITAT Mumbai Restricts Bogus Purchase Addition to 7.87% of profit element

Copy-Paste Reasons Sink Reassessment: Delhi ITAT Quashes Reopening for Non-Application of Mind

Bogus Supplier Tag Alone Not Enough: ITAT Deletes Purchase and Loan Additions

Penny Stock Allegation fails without direct evidence: ITAT deletes addition on Exempt LTCG

Pune ITAT Deletes Addition on Cash Deposits as Scrap Business Was Accepted in Other Years

Entire Sale Consideration Cannot Be Taxed as Capital Gain: Mumbai ITAT Orders Fresh Computation

ITAT Deletes Section 68 Addition as Suspicion Cannot Replace Evidence in Penny Stock Case

Karnataka HC Remands Reassessment Case as SC Directed Fresh Review After Section 147A Amendment

Section 148 Notice by JAO Remanded by ITAT Nagpur for Reconsideration

Reassessment Quashed as AO Relied on Incorrect AIR Information: ITAT Amritsar

Reassessment Quashed as Reasons Recorded Were Based on Incorrect Facts on Return Filing

Section 270A Penalty Deleted as Assessed Income Matched Income Declared in Reassessment Return

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

Mere Investigation Wing Alert Is Not ‘Reason to Believe’: ITAT Quashes Penny Stock Reopening
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.
