Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Mongia Steel Ltd. v. UOI (2024) 163 Taxmann.com 149 / (2025) 343 CTR 254 / 246 DTR 152 (Jharkhand)(HC)

S. 142(2A) : Inquiry before assessment-Special audit-Natural justice-Breach of natural justice does not automatically vitiate-No serious prejudice shown-Writ dismissed. [S. 142(1), Art. 226]

Gautam Thadani v. DCIT (Inv) (2025) 343 CTR 120 / 246 DTR 97 / 171 Taxmann.com 94 (Delhi)(HC)

S. 132A : Powers-Requisition of cash-Explanation unsupported by documents-Writ dismissed-If no demand crystallised, seized cash to be returned within four weeks [S. 153B(1)(a), Art. 226]

Kiran Harsukhlal Hemani v. UOI (2025) 343 CTR 343 / 247 DTR 161 (Bom)(HC) Bombay Slum Redevelopment Corporation (P) Ltd. v. UOI (2025) 343 CTR 343 / 247 DTR 161 (Bom)(HC)

S. 80IB(10) : Housing projects-CBDT Notification-Proviso to S. 80IB(10)(a) & 800IB(10 (b) effective from 1-4-2005-Notification aligning date of benefit cannot be struck down as ultra vires. [S. 80IB(10)(2), 1119, Art. 226]

Tilok Tirath Vidyavati Chhuttani Trust v. CIT (2025) 343 CTR 161 / 247 DTR 73 (P&H)(HC)

S. 80G : Donation-Refusal of recognition-Registration u/s 12A not questioned-Mere suspicion on donations ancillary to objects not valid-Refusal of recognition under S. 80G(5) set aside.[S. 12A, 80G(5), Art. 226]

CIT v. Goldstone Cements Ltd. (2025) 343 CTR 562 / 247 DTR 465 (Gauhati)(HC)

S. 68 : Cash credits-Conversion of loan into equity-Source of source proved-Deletion upheld-No substantial question of law.[S. 260A, CPC,1908, S.100]

Vishal Jhajharia v. Assessment Unit ITD (2024) 164 taxmann.com 781 / (2025) 343 CTR 478 (Cal)(HC)

S. 68 : Cash credits-Unexplained investment-Natural justice-Show cause issued under s. 68-Final order passed under s. 69A without opportunity-Order set aside [S. 69, 144B, 147, Art. 226]

CIT v. Tamil Nadu Newsprint & Papers Ltd. (2025) 343 CTR 634 / 245 DTR 394 (Mad)(HC)

S. 40(a)(i): Amounts not deductible-Deduction at source-Non-resident-Agency commission-Tribunal order deleting disallowance affirmed-No substantial question of law. [S. 195, 260A]

H.R. Properties (P) Ltd v. ACIT (2024) 167 taxmann.com 256 / (2025) 343 CTR 610 (Pat)(HC) Chero Medico & Developers (P) Ltd v. ACIT (2024) 167 taxmann.com 256 / (2025) 343 CTR 610 (Pat)(HC)

S. 28(i) : Business income-Income from house property-Rental income from properties-Income assessable as business income and not as income from house property-Order of Tribunal was set aside [S. 22, 260A]

CIT (E) v. International Health Care Education & Research Institute (2025) 343 CTR 273 / 247 DTR 273 / 304 Taxman 265 / 482 ITR 287 (SC).Editorial : CIT v. International Health Care Education and Research Institute (2025) 171 taxmann.com 578 ( Raj ) ( HC) affirmed.

S. 12AA : Procedure for registration-Mere registration under S. 12AA automatically does not entitle a charitable trust to claim exemption under ss. 10 and 11-AO has to verify genuineness of claim-Reference to Larger Bench declined-SLP of Revenue dismissed [S. 10, 11, Art. 136]

CIT v. Dr. Kasliwal Medical Care & Research Foundation (2024) 168 Taxmann.com 91 / (2025) 343 CTR 295 / (2024) 243 DTR 110 (Bom)(HC)

S. 12A : Registration-Non-disposal within six months-No deemed registration-Tribunal order set aside-Appeal of revenue was allowed. [S. 12AA(2), 260A, Art. 141, 142]