Category: Income-Tax Act

Archive for the ‘Income-Tax Act’ Category


Asst. CIT v. Vodafone West Ltd (2025) 126 ITR 335 / 173 taxmann.com 585 (Delhi)(Trib.) ACIT v. Vodafone Idea Ltd. (2025) 126 ITR 335 / 173 taxmann.com 585 (Delhi)(Trib.)

S. 271(1)(c): Penalty-Concealment-Licence fee-Interest on delayed payment-Capital or revenue expenditure-Bona fide claim-Penalty not leviable. [S. 35ABB]

Mideast Integrated Steels Ltd. v. Asst. CIT (2025) 126 ITR 653 (Delhi)(Trib.)

S. 270A: Penalty-Under-reporting or misreporting of income-Notice not specifying exact charge-Penalty invalid-Employees’ contribution to Provident Fund and ESI-Issue debatable at relevant time-Penalty not leviable-Ad hoc disallowance of expenditure-Estimated addition-Penalty not leviable.[S.270A(2)(a), 270A(9)]

Genus Power Infrastructures Ltd. v. Pr. CIT (2025) 126 ITR 397 (Lucknow)(Trib.)

S. 263: Commissioner-Revision of orders prejudicial to revenue-Weighted deduction for scientific research-Assessee furnished all requisite particulars-Revision not justified.
[S. 35(2AB), 143(3), R. 6]

Ajay Parasmal Kothari v. ITO [2024] 159 taxmann.com 570 / (2025) 126 ITR 511 (Mum.)(Trib.)

S. 254 (1): Appellate Tribunal-Powers-Delay of 1,566 days-Wrong legal advice-Delay condoned.[S. 253]

Zephyrsun Electro Mech (P.) Ltd. v. ITO (2025) 126 ITR 493 (Jodhpur)(Trib.)

S. 154: Rectification of mistake-Mistake apparent from the record-Employees’ contribution to Provident Fund and ESI-Deposit beyond due date under respective Acts-Disallowance upheld.
[S.36(1)(va) 43B, 139(1), 154]

Inder Chand Bajaj v. Dy. CIT (2025) 126 ITR 500 (Delhi)(Trib.)

S. 153D: Assessment-Search-Approval-Mechanical and omnibus approval for seven assessment years-Assessment quashed.[S.153A]

S. P. Singla Constructions (P.) Ltd. v. Dy. CIT (2025) 126 ITR 536 (Chd.)(Trib.)

S. 153D: Assessment-Search-Approval-Quasi-judicial function-Mechanical approval without application of mind-Assessment quashed.[S. 153A]

Kehar Singh v. Dy. CIT (2025) 126 ITR 609 (Delhi)(Trib.)

S. 153D: Assessment-Search-Approval-Composite approval for seven assessment years-No independent application of mind-Assessment quashed.[S.153A]

Apple Commodities Ltd. v. Dy. CIT (2025) 126 ITR 623 / 179 taxmann.com 552 (Delhi)(Trib.)

S. 153D: Assessment-Search-Approval-Consolidated approval for seven assessment years-Mechanical approval-Assessment quashed.[S.153A]

Dy. CIT v. RKS Builders and Promoters (2025) 126 ITR 421 (Chd.)(Trib.)

S. 153C: Assessment-Income of any other person-Search–Assessment of other person-Absence of satisfaction note-Jurisdiction not assumed in accordance with law-Assessment quashed-Presumption regarding seized documents-Applicable only against person from whose possession documents were seized-Addition deleted.-Addition based solely on Departmental Valuation Officer’s report-No rejection of books or incriminating material-Addition deleted-DVO valuation-CPWD rates-Allowance for PWD rates and self-supervision-No addition survives.[S. 69B, 132, 292C]