#Section 148
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Income Tax
Income Tax
For invoking reassessment proceedings, reasons has to be recorded & not conclusions
Income Tax
Income Tax
Section 153C Assessment of income of a person other than the person in whose case search has been initiated
Income Tax
Income Tax
S. 148 Approval for issue of notice for re-assessment
Income Tax
Income Tax
Reopening on ground of oversight, inadvertence or mistake is invalid
Income Tax
Income Tax
If Assessee is taxed under ‘MAT’ to ‘MAT’ – No Escapement, No Reopening
Income Tax
Income Tax
SC Nullifies Bombay HC Verdict on full & true disclosure of material facts
Income Tax
Income Tax
AO must intimate Assessee that reassessment proceedings been initiated with due approval
Income Tax
Income Tax
S. 148 Reopening based on re-appreciation of same material on record not valid
Income Tax
Income Tax
In case of disclosure of material facts of during original assessment proceeding, AO cannot issue re-assessment notice u/s 148 of the Act to find nature of same
Income Tax
Income Tax
AO can issue notice u/s 148 despite non expiry of time limit for issuing notice u/s 143(2)
Income Tax
Income Tax
Sanction for reassessment by JC in a mechanical manner is invalid
Income Tax
Income Tax
A.O Cannot act as a reviewing authorithy u/s 147 of Income Tax Act,1961
Income Tax
Income Tax
Since assessment made u/s 143(3), no notice can be issued without satisfaction of CCIT/CIT – S. 151(1)
Income Tax
Income Tax
Reopening of assessment Beyond a period of 4 years without Approval of Joint Commissioner not valid
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.
