#Section 148
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PMLA: Bail rejected as satisfactory explanation regarding huge fixed assets & cash not furnished

Addition u/s 68 merely based on suspicion unsustainable

Share Premium not taxable in the hands of investee if Investor already taxed for it

Payments towards Interconnectivity Utility Charges not royalty/ FTS hence not taxable

Addition based on claim of payment of cash in civil suit sustained as source of cash payment not explained

Only assessee can sign Form number 35A prescribed under Income Tax (Dispute Resolution Panel) Rules, 2009

Delhi HC stays Income Tax Reassessment Against Oxfam India

Section 148 Notice Void if AO Doesn’t examine Assessee’s Filed Return

CIT(A) not adjudicated issues on merit: ITAT Restores Matter to CIT(A)

Reopening after 4 years invalid if AO fails to Establish Assessee’s Failure to Disclose Material Facts

Development Agreement Termination Compensation Deduction allowed to One Co-Owner can’t be denied to Other

Initiation of Re-assessment u/s 147 Requires new Tangible Material: ITAT

ITAT Rejects Tax Dept Appeal for Invalid Reassessment Approval

Addition based on statements alone without any other corroborative evidence unsustainable
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.
