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#Section 148

Every article filed under the “Section 148” tag — analysis, news and updates.

5,407 articles
Income TaxReopening Invalid Where Capital Gains Already Disclosed and Taxes Paid
Income Tax

Reopening Invalid Where Capital Gains Already Disclosed and Taxes Paid

CA Vijayakumar Shetty7 months ago
Income TaxReassessment Quashed for Sanction by Incompetent Authority
Income Tax

Reassessment Quashed for Sanction by Incompetent Authority

CA Vijayakumar Shetty7 months ago
Income TaxOnly Commission Income Taxable in Money Transfer Activity; Entire Cash Deposits Cannot Be Treated as Income
Income Tax

Only Commission Income Taxable in Money Transfer Activity; Entire Cash Deposits Cannot Be Treated as Income

CA Vijayakumar Shetty7 months ago
Income TaxOnly Profit Element Taxable in Bogus Purchase Cases: ITAT Mumbai
Income Tax

Only Profit Element Taxable in Bogus Purchase Cases: ITAT Mumbai

CA Vijayakumar Shetty7 months ago
Income TaxReassessment Quashed for Being Initiated by Wrong Authority Under Faceless Scheme
Income Tax

Reassessment Quashed for Being Initiated by Wrong Authority Under Faceless Scheme

Sanjana Subhash7 months ago
Income TaxITAT Surat Upholds Reopening but Restricts Bogus Purchase Addition to 5% of Purchases
Income Tax

ITAT Surat Upholds Reopening but Restricts Bogus Purchase Addition to 5% of Purchases

CA Vijayakumar Shetty7 months ago
Income TaxReassessment Notice Issued by Jurisdictional AO Invalid Post 29.03.2022: ITAT Chennai
Income Tax

Reassessment Notice Issued by Jurisdictional AO Invalid Post 29.03.2022: ITAT Chennai

CA Vijayakumar Shetty7 months ago
Income TaxNo Addition u/s 56(2)(x) in 153A Without Incriminating Material: ITAT Delhi
Income Tax

No Addition u/s 56(2)(x) in 153A Without Incriminating Material: ITAT Delhi

CA Vijayakumar Shetty7 months ago
Income TaxReassessment Quashed for Borrowed Belief from ACB Report
Income Tax

Reassessment Quashed for Borrowed Belief from ACB Report

CA Vijayakumar Shetty7 months ago
Income TaxUnexplained Investment Cannot Be Assumed Without Cost Determination: ITAT Ahmedabad
Income Tax

Unexplained Investment Cannot Be Assumed Without Cost Determination: ITAT Ahmedabad

CA Vijayakumar Shetty7 months ago
Income TaxCircular Trading Not Bogus, 12.5% Purchase Addition Deleted
Income Tax

Circular Trading Not Bogus, 12.5% Purchase Addition Deleted

CA Vijayakumar Shetty7 months ago
Income TaxITAT Ahmedabad Deletes Section 68 Addition on Alleged Accommodation Sales
Income Tax

ITAT Ahmedabad Deletes Section 68 Addition on Alleged Accommodation Sales

CA Vijayakumar Shetty7 months ago
Income TaxReopening Invalid as JAO Lacked Jurisdiction Under Faceless Scheme
Income Tax

Reopening Invalid as JAO Lacked Jurisdiction Under Faceless Scheme

CA Vijayakumar Shetty7 months ago
Income TaxITAT Chandigarh Strikes Down Section 147 Proceedings Based on Uncorroborated Third-Party Excel Sheet
Income Tax

ITAT Chandigarh Strikes Down Section 147 Proceedings Based on Uncorroborated Third-Party Excel Sheet

CA RAJESH KUMAR7 months ago