#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.

KVSS Determination Shields from Reassessment: Bombay High Court

Non-Resident: Unsustainable Section 69 Addition for Investment in India

Addition of Bogus Capital Gains from Penny Stock Transaction Upheld

ITAT quashes Reassessment based on vague Accommodation Entry Information

Addition towards trading in penny stock sustained for lack of assistance during appeal proceedings

Notice and order passed against non-extant entity is untenable

Calcutta High Court Quashes Assessment Notice Against Non-Existing Entity

HC dismissed writ petition challenging Section 148A(d) order as jurisdiction of ‘Specified Authority’ not challenged

Non-existence of reason for section 148 reopening – HC Upholds Writ Petition

Addition u/s 69A unsustainable as source of loan transaction duly explained

Re-assessment notice time barred as conditions prescribed under 1st proviso to section 147 not complied

Revisionary order u/s 263 unsustainable as transaction accepted by AO post due application of mind

Addition in bogus purchase transaction reduced on pro-rata basis

Amount not taxable under ‘capital gain’ as there is no transfer of right, title or interest in property
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.
