#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.

Petition premature as objections can be raised before assessing authority

Discount towards sale of low-quality sponge iron to sister concern duly allowable

Reassessment unsustainable if No Tangible Link Found Between Income Assessment escaped & formation of Belief

Section 271(1)(c) Penalty not leviable if explanation with documentary evidence not found to be false

AO cannot reopen assessment u/s. 148 when order u/s. 245D is passed by Income Tax Settlement Commission

ITAT Declares Assessment Void Due to Non-Existent Entity

ITAT Remands Matter to AO for Deduction Claim under Section 54F

Revenue not allowed to add reasons to reasons recorded at the time of reopening notice u/s 148

Mere Four Days to Respond to IT Act Section 148A(b), SCN Deemed Invalid

Section 148A(b) mandates notice of seven clear days: HC set-aside Assessment & Notice

Adherence to Principles of Natural Justice must in Tax Assessment Proceedings: HC

Assessee cannot resort to sham transactions or colourable devices for avoiding & evading tax

Kerala HC Orders ITR Filing Within 1 Month for Belief in Section 80P Exemption

Delhi HC Quashes Reassessment Order Over Bogus Purchase Claims
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.
