Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Vaibhav Goel v. DCIT (2025) 343 CTR 689 / 248 DTR 49 (SC) Editorial : Tehri Iron & Steel Castings Ltd dt. 25-11-2021(CD)

S. 226 : Collection and recovery-Modes of recovery-Resolution Plan under IBC-Tax liability not shown as contingent liability-Subsequent demand invalid. [S. 154, IBC 2016 S. 31(1), 61, 62, Art. 136]

DCIT v. Central Coalfields Ltd. (2025) 304 Taxman 217 / 343 CTR 657 / 248 DTR 25 (Jharkhand)(HC)

S. 206C: Collection at source-Trading-Forest produce-Scrap-Declarant in Form 27C is purchaser and not seller-Revenue’s contention rejected. [S. 206C(1A), R. 37C, Form 27C]

Gayatri Snehal Rao v. ITO (2024) 168 taxmann.com 466 / (2025) 343 CTR 696 / 248 DTR 29 (Guj)(HC) Shobhan Shantilal Doshi v.ITO 168 taxmann.com 466 / (2025) 343 CTR 696 / 248 DTR 29 (Guj)(HC)

S. 205 : Deduction at source-Bar against direct demand-Employer failed to deposit TDS deducted from salary-Demand cannot be raised against employee-Directions to CBDT to harassment in future-Technology/software must be rectified. [S. 119, 192, Art. 226]

Preethi V. (Smt.) v. ITO (2025) 343 CTR 390 / 247 DTR 21 / 171 taxmann.com 100 (Karn)(HC) Editorial : Appeal affirmed by division bench, ITO v. Preethi V. (Smt) (2025) 343 CTR 385 / 247 DTR 16 / 170 Taxmann.com 673 (Karn)(HC)

S. 148 : Reassessment-Notice in name of deceased-Invalid-No statutory obligation on deceased to intimate department. [S. 149(1)(b), 159(2)(b), Art. 226]

ITO v. Preethi V. (Smt) (2025) 343 CTR 385 / 247 DTR 16 / 170 Taxmann.com 673 (Karn)(HC) Editorial : Preethi V. (Smt.) v. ITO (2025) 343 CTR 390 / 247 DTR 21 / 171 taxmann.com 100 (Karn)(HC)

S. 148 : Reassessment-Notice issued in name of deceased-Proceedings void-No revival against legal heirs after limitation-Order of single judge is affirmed. [S. 149, 159, Art. 226]

Shree Bhavani Power Projects (P) Ltd. v. ITO (2024) 165 Taxmann.com 733 / (2025) 343 CTR 325 / 247 DTR 217 / 475 ITR 155 (Delhi)(HC)

S. 147 : Reassessment-No escapement of income-Mere non-uploading of audit report not fatal-Notice and reassessment quashed-Reassessment beyond six years-Notice and order disposing the objection was quashed. [S. 80IA(7), 148, Form 10CCB, Art. 226]

Tata Communications Ltd. v. DCIT (2025) 304 Taxman 476 / 343 CTR 641 / 247 DTR 489 (Bom)(HC)

S. 147: Reassessment-After the expiry of four years-Guarantee fee-No fresh tangible material referred to in reasons-Reassessment notice quashed. [S. 143(3), 148, Art. 226]

P.A. Jose v. UOI (2025) 343 CTR 499 (Ker)(HC)

S. 145 : Method of accounting-Valuation of stock-LIFO method-Retrospective ICDS (II) mandating FIFO/Weighted Average not applicable to AY 2017-18 opening stock-Relief granted. [S. 145(2), 145A, ICDS (II), Art. 14, 226]

Teerth Developers & Teerth Realties JV (AOP) v. ACIT (2024) 169 taxmann.com 94 / (2025) 343 CTR 424 / 245 DTR 185 (Bom)(HC)

S. 144B : Faceless Assessment-Failure to issue show cause notice-cum-draft order-Breach of natural justice-Assessment order quashed. [S. 143(3), Art. 226]

PCIT v. Vedanta Ltd. (2025) 170 taxmann.com 833 / 343 CTR 596 / 247 DTR 185 (Delhi)(HC)

S. 143(3) : Assessment-Non-existing amalgamating company-Order in name of non-existent entity is void-Cannot be saved by S.154 or S. 292B-Revenue appeal dismissed.[S. 92CA(3), 154, 170, 260A, 292B]