#Section 148
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Reassessment Quashed for Service of SCN at Old Email Address

Bogus Share Deals: Section 68 Addition Limited to 2% Commission

ITAT Mumbai Allowed Section 54F Claim in Appeal although Not Made in Return

ITAT Agra Upholds Separate NP Rates: 0.22% (Animal Trading) & 8.7% (Scrap)

Agricultural Cash Deposits Explained, Section 69A Addition Deleted

ITAT Patna Deletes u/s 69A Addition on Time Deposit; NEFT from Father Explained

Cash Deposit Addition Quashed for Trader Covered by Section 44AD

Reassessment Order Struck Down for Jurisdictional Defect

Entire Bogus Purchases Cannot Be Added When Sales Accepted: ITAT Dehradun Restricts Addition to 4%

Only Profit Element Taxable on Cash Deposits & Unsecured Loans: ITAT Rajkot

TP Adjustment Based on DRI Allegations Cannot Survive After Exoneration: ITAT Mumbai

Section 148 Notices Void as Issued Outside Mandatory Faceless Scheme

ITAT Mumbai Restricts Bogus Purchase Addition to 6%; Full 69C Disallowance Set Aside

Joint Owner (Housewife) Not Taxable u/s 56(2)(vii)(b) Where Spouse Paid Entire Consideration
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.
