#Section 148
Log in to FollowLatest Section 148 updates, provisions, case laws, compliance requirements, tax implications and expert analysis under Income-tax law on TaxGuru.

Penny Stock Share Transactions: Reassessment Quashed for Change of Opinion

Section 56 & 69 Additions deleted After Reassessment Proceedings Quashed

Delay Fatal, Even Merits Useless: Kerala HC Refuses to Revive Time-Barred Appeals

Reopening Invalid Due to Mere Change of Opinion on Examined Cash Deposits: Bombay HC

Section 68 Addition Deleted as Bank Entries Not Considered Books of Account

Section 148 Notice Quashed as SC Ruling Settled Limitation Issue: Bombay HC

ITAT Bangalore Upholds Disallowance of ₹1.37 Cr “Consultancy” to Swamiji; Reassessment Valid

Mutuality upheld, but bank interest taxed: ITAT sends club case back

No additions on account of consultancy receipts and alleged unexplained investments

Reassessment Quashed as Mechanical Approval u/s 151 & Jurisdiction Wrongly Assumed by ITO

ITAT Deletes Penny Stock Addition as Shares Were Purchased in Earlier Assessment Year

ITAT deletes addition of unexplained income as cash deposit evidence was furnished

Double addition flagged: ITAT gives vegetable trader one more chance-with cost

Reassessment Upheld Due to Undisclosed Capital Gains on Registered Sale Deed: ITAT Mumbai
Explore the latest Section 148 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.
