#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.

Reason to Believe: Revisiting Rajesh Jhaveri Stock Brokers Case

Section 148 Notice Quashed as Escaped Income Below Section 149(1)(b) Threshold: Calcutta HC

Section 148A Order Quashed for Ignoring Assessee’s Reply: Calcutta HC

Allotment Letter Not Agreement for Sale Under Section 56(2)(x): ITAT Mumbai

Section 148 Notice Quashed as AO Cannot Review Own Assessment: Telangana HC

Capital Gains Taxable on Sale Deed Date, Not Receipt of Consideration: ITAT Hyderabad

NFAC Reassessment Before Section 151A Notification Quashed: ITAT Kolkata

Section 148 Reassessment Quashed for Invalid Section 151 Sanction: ITAT Mumbai

Section 143(2) Assessment Quashed for Notice Issued by Officer Without Jurisdiction: ITAT Delhi

Section 148 Reassessment Quashed as ₹50 Lakh Threshold Not Met for Same Transaction: ITAT Delhi

Can Section 148A Reassessment Be Based Solely on Red-Flagged Information?

No Capital Gains Without Transfer Under Development Agreement: ITAT Pune

Section 148 Reassessment Quashed for Skipping Approved Section 148A(a) Inquiry: Chhattisgarh HC

Section 148 Notice Quashed for Lack of Section 151(ii) Approval: Hyderabad ITAT
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.
