Judgement

The Supreme Court has stayed the Punjab and Haryana High Court judgment striking down Section 147A of the Income-tax Act, pending final hearing on December 3.


Supreme Court Stays Punjab & Haryana High Court Ruling Declaring Income-Tax Section 147A Unconstitutional

News

The Supreme Court has stayed the Punjab and Haryana High Court judgment which had declared the retrospectively inserted Section 147A as unconstitutional.


Supreme Court Stays Verdict Declaring Retrospective Section 147A of Income Tax Act Unconstitutional

The Supreme Court will examine whether regular Assessing Officers can legally issue reassessment notices under the retrospectively inserted Section 147A.

Supreme Court to Examine Section 147A Validity: Can Jurisdictional Assessing Officers Continue Issuing Reassessment Notices?

The Punjab and Haryana High Court has declared Section 147A of the Income tax Act, 1961 unconstitutional. 


High Court Holds Retrospective Section 147A of Income Tax Act As Unconstitutional

ITAT quashes Section 147 reassessment for A.Y. 2015-16, holding the April 2021 reopening notice legally unsustainable under the Supreme Court’s earlier ruling.

ITAT Grants Major Relief In Penny-Stock Case, Quashes Reassessment Under Section 147

ITAT held that the Income Tax Department adopted the wrong legal procedure by reopening the assessments under Section 147 instead of proceeding under Section 153C.

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Supreme Court Stays Punjab & Haryana High Court Ruling Declaring Income-Tax Section 147A Unconstitutional

Supreme Court Stays Verdict Declaring Retrospective Section 147A of Income Tax Act Unconstitutional

Supreme Court to Examine Section 147A Validity: Can Jurisdictional Assessing Officers Continue Issuing Reassessment Notices?

High Court Holds Retrospective Section 147A of Income Tax Act As Unconstitutional

ITAT Grants Major Relief In Penny-Stock Case, Quashes Reassessment Under Section 147

ITAT Quashes Section 147 Reassessment Proceedings, Holds Income Tax Dept Must Follow Section 153C After Third-Party Search