#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.

ITAT Delhi Quashed Reassessment which was Based Only on Audit Objection

Bogus Purchase Theory Rejected; Section 69C Section 68 Additions Deleted in Full

Ad-hoc 20% Profit Estimate Set Aside; ITAT Restricts GP to 5% in Milk Trading Case

Jurisdiction for Reassessment Notices Clarified to End Faceless AO Disputes

Section 80GGC Political Donation: Penalty Upheld despite Deduction Withdrawal After Reopening

Reassessment for Bogus Purchases Quashed: Approval by Pr.CIT Invalid After 3 Years

Section 153A Assessment Quashed as Notices Issued in Name of Deceased Assessee

Addition quashed as Form 2 under Income Declaration Scheme not served: ITAT Chennai

Reopening Beyond 3 Years Quashed for Want of Proper Section 151(ii) Sanction from Pr. CCIT

Penny Stock LTCG Accepted as Genuine; No Assessee-Specific Evidence for Additions

₹100 Crore U/s 153A Addition Quashed: Seized Third-Party Paper Not Incriminating for Completed Year

Notice u/s. 148A(b) cannot be issued for verification: Gujarat High Court

Jurisdictional AO not authorized to issue notice u/s. 148 post faceless mechanism: ITAT Hyderabad

Bogus Purchase Cases: Only Profit Element Taxable; 4% GP Addition Upheld
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.
