#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.

Reopening of assessment quashed as based on change of opinion: Bombay HC

Order passed without considering reply is liable to be quashed: Gujarat HC

AO should evaluate claim of exemption u/s. 54F made in compliance to notice u/s. 148

Validity of Reassessment Under Section 148 Based on AIS Mismatch

ITAT Quashes 148 Notice as Income Below ₹50 Lakhs

Reopening quashed as information in notice is ambiguous and fails to establish live link with evidence

CIT(A) Order Set Aside, 374-Day Delay Condoned Due to Assessee’s Illness and Practitioner’s Death

Reassessment u/s. 148 untenable as mandatory requirement of 149(1)(b) not complied

Reassessment proceedings u/s. 148 in absence of any new material not permissible: Bombay HC

Reopening u/s. 148 beyond 4 years quashed as material facts fully & truly disclosed: ITAT Raipur

Reassessment order set aside as passed without disposal of objections: Karnataka HC

Section 50C addition without referring to Valuation Officer not sustainable: ITAT Ahmedabad

Addition not sustained as source of funds for purchasing crypto currency explained

Different floors of same house cannot be considered as multiple house for 54F deduction
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.
