This Digest of case laws is prepared by KSA Legal and AIFTP from judgements reported in BCAJ, CTR, DTR, ITD, ITR, ITR (Trib), Chamber's Journal, SOT, Taxman, TTJ, BCAJ, ACAJ, www.itatonline.org and other journals
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S. 2(31) : Person-Association of person-Characterization of consortium-Agreement-Terms of the agreement will be the deciding factors-Taxable as an AOP and not as individual members.

Pico Deepali Overlay Consortium v. DCIT (2024) Chamber’s Journal-February-P. 94 (Delhi)(Trib)

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

S. 13 : Liability of guarantor is joint and several with principal debtor – Bank is entitled to proceed under SARFAESI Act for properties mortgaged by guarantor. [ S. 13(4), 17 ]

SBI v. Devendra Kumar Sinha (2024) 161 taxmann.com 76 / 184 SCL 28 (SC)

S. 68 : Cash credits – Cash deposit – Demoetizaation- Sales – Produced names , address , PAN etc- Parties have responded to the notices u/s 133(6)- Sales are accepted by VAT department – No defects in the books of account – Order of CIT(A) deleting the addition is affirmed .[ S.133(6), 143(3) ]

JCIT v. Aries Agro Ltd (Mum)( Trib) www.itatonline .org .

Direct Tax Vivad Se Vishwas Scheme, 2024 (2024) 467 ITR 1 (St)(63)
S. 89 : Definitions-Appellant-Benefit of Vivad Se Vishwas Scheme, 2024 extended to those assesses in whose case the time for filing appeal has not expired as on 22 July 2024.[S.89(1)(a)) DTVSV Act, 2020, S. 2(1)(a), Art. 226]

Srinivasan Jayaprakasam v. CBDT (2025) 171 taxmann.com 101 /473 ITR 245 (Mad)(HC)

Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015.

S. 51: Punishment for willful attempt to evade tax-Failure to file return-Search-Prosecution not dependent on completion of assessment-Summing order is upheld-Alternative remedy-Writ petition is dismissed, [S.2(12), 16, 50, 51, Income-Tax Act 1961, S. 131(IA), 132, 139]

Sanjay Bhandari v. ITO (2025) 473 ITR 294 (Delhi) (HC)

S. 281 : Certain transfers to be void-Writ-Recovery of tax-Attachment of property-Transfer of property-Validity-Assessee denying sale of attached property to petitioner-Transfer void ab initio-Tax Recovery Officer not required to declare sale as invalid-Petitioner given liberty to file Civil suit in Civil Court. [S. 220(6),, Sch II R.11 Art. 226]

K. N. Subramaniam v. PCIT (2025) 473 ITR 439 (Mad.) (HC)

S. 279 : Offences and prosecutions-Sanction-Chief Commissioner-Commissioner-Compounding of offence-Compounding application could not have been rejected on delay alone-Limitation-CBDT guidelines dated 16 November 2022.[S. 279(2), Art.226]

L. T. Stock Brokers Pvt. Ltd. v. CCIT (Bom) (HC)(UR)

S. 279 : Offences and prosecutions-Sanction-Chief Commissioner-Commissioner-Certain categories of offences not to be compounded other than first offence-Wilful failure to file returns in due time-“First offence” as defined in Guidelines-Failure to file return before due date for assessment year 2013-2014 despite issue of notice for not filing in time for assessment year 2011-2012-Offence committed by assessee not first offence-Rejection of application in consonance with Guidelines; Guidelines for Compounding of Offences under Direct Tax Laws, 2008 (2015) 371 ITR 7 (St). [S. 139, 276CC279(2), Art. 226]

Vinubhai Mohanlal Dobaria v. Chief CIT [2017] 247 Taxman 253 / (2025) 473 ITR 387 (Guj.) (HC) Editorial : Decision of High Court is reversed, Vinubhai Mohanlal Dobaria v. Chief CIT (2025) 473 ITR 394 (SC)

S. 276: Offences and prosecutions-Wilful attempt to evade tax-Delay in payment of tax does not amount to evasion of tax-Prosecution is not valid.[S. 276(2)]

Hansa Metallics Ltd. v. Dy. CIT (2025) 472 ITR 737 (P&H) (HC)

S. 275: : Penalty-Bar of limitation-Failure to deduct tax at source-Survey-Notice for penalty after five years-The penalty order is barred by limitation if issued after the statutory time frame of six months from the end of the month in which penalty proceedings were initiated-Notice and penalty is unsustainable. [S. 260A, 271C, 272A(2)(c) (k), 275(1)(c)]

CIT (TDS) v. Adma Solutions Pvt. Ltd. (2025) 473 ITR 36/302 Taxman 106 / 342 CTR 643 (Delhi) (HC)