#Section 148
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Income Tax
Income Tax
To reject view taken in earlier assessment years, there must be material change in the fact, situation or in law
Income Tax
Income Tax
S. 148 Where HUF is partitioned after expiry of relevant year, notice to every member is not necessary
Income Tax
Income Tax
Notice u/s. 148 can be issued on a company registered anywhere in respect of income earned in India
Income Tax
Income Tax
Where person has dual capacity, notice u/s. 148 must specify particular capacity
Income Tax
Income Tax
Number of notices that can be issued under section 148
Income Tax
Income Tax
S. 148 Notice to every partner in the case of a firm is not necessary
Income Tax
Income Tax
Fresh notice is not necessary when reassessment is set aside for non-observance of natural justice
Income Tax
Income Tax
Notice u/s. 148 gives jurisdiction to AO to proceed to make reassessment
Income Tax
Income Tax
Validity of Reassessment Notice U/s 148 ‘based on information received from Revenue Audit’
Income Tax
Income Tax
Reassessment on ground of treatment of cenvat credit in closing stock not valid if assessee furnishes full details
Income Tax
Income Tax
Reassessment initiated to disallow loss on hedging of metals losses is untenable if losses were allowed originally
Income Tax
Income Tax
Reassessment to check excess disallowance of deduction not justified if primary facts were disclosed during original assessment
Income Tax
Income Tax
Reassessment Notice u/s. 148 notice issued by a non-jurisdictional AO is not valid
Income Tax
Income Tax
Reassessment not justified if no failure by petitioner to disclose truly & fully all material facts
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.
