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
Click here to download the pdf versions of the Digest of case laws

S. 151 : Reassessment-Sanction for issue of notice-Beyond three years-Approval from Principal Commissioner-SLP covered by UOI v. Rajeev Bansal(2024) 301 Taxman 238/ 469 ITR 46 (SC). [S. 148, 148A(b), 148A(d), 151(ii), Art. 136]

ITO v. Pradeep Himatlal Shah (2025) 303 Taxman 166 (SC) Editorial: Pradeep Himatlal Shah v. ITO (2025) 170 taxmann.com 471 (Bom.)(HC)

S. 151 : Reassessment-Sanction for issue of notice-After lapse of three years-Approval from wrong authority-SLP covered by UOI v. Rajeev Bansal(2024) 301 Taxman 238/ 469 ITR 46 (SC). [S. 148A(b), 151(ii), Art. 136]

ACIT v. Vikram Kapahi (2025) 303 Taxman 254 (SC) Editorial: Vikram Kapahi v. ACIT (2025) 170 taxmann.com 592 (Delhi)(HC)

S. 150 : Assessment-Order on appeal-Reassessment-Time limit for notice-No finding or direction-Notice issued beyond limitation-Quashed.[S. 69A, 148, 148A(3), 149(1), 153A, Art. 226]

Sanjay Singhal v. ACIT (2025) 303 Taxman 35 (Delhi)(HC)

S. 149 : Reassessment-Time limit for notice-Income escaped less than Rs. 50 lakhs-Notice issued after three years-Barred by limitation-SLP disposed in terms of UOI v. Rajeev Bansal(2024) 301 Taxman 238/ 469 ITR 46 (SC).[S. 148, 148A(b), 149(1)(a), Art. 136, 142]

ACIT v. Amit Jain (2025) 303 Taxman 163 (SC) Editorial: Ganesh Dass Khanna v. ITO (2023) 156 taxmann.com 417 / 460 ITR 546 (Delhi)(HC)

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Succession to business otherwise than on death-Merger-Factum of disclosure of merger had remained uncontested, notice for reassessment issued in name of entity which had ceased to exist could not be sustained. [S. 148, 148A(b), 148A(d), 170, Art. 226]

Moonlight Equity (P.) Ltd. v. UOI (2025) 303 Taxman 603 (Delhi)(HC)

S. 148A : Reassessment-Unexplained money-Bogus transactions-Writ to quash notice dismissed [S. 69A,133A, 148, 148A(b), 148A(d), Art. 226]

Abhishek Mittal v. UOI (2025) 303 Taxman 1 (Gauhati)(HC)

S. 148A : Reassessment-Unexplained investments-Issue examined in the assessment-Notice quashed [S. 69B, 148, 148A(b), 148A(d), Art. 226]

Sarika Kansal v. ACIT (2025) 303 Taxman 636 (Delhi)(HC)

S. 148A : Reassessment-Cash credits-Accommodation entry-Demonetisation-Notice upheld-Writ petition dismissed. [S. 68, 132, 147, 148, 148A(b), 148A(d), Art. 226]

R.K. Bullion v. ACIT, Central (2025) 303 Taxman 195 (MP)(HC)

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Cash credits-Reopening based on new information-Cash receipts & credit card expenses-Reassessment notice is affirmed. [S. 68, 148A(b), 148A(d), Art. 226]

Sanjay Ratra v. ACIT (2025) 303 Taxman 168 / 476 ITR 323 /343 CTR 661 (Bom)(HC)

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Difference between remittance-sheet and account statement of various parties of bank-Reassessment was quashed earlier-Merely on ground that this being a new regime of reassessment after 1-4-2021, scope was enlarged by amended provisions for reopening-Reopening notice was to be quashed and set aside-SLP filed by revenue against order of High Court was dismissed. [S. 148A(b), 148A(d), Art. 136]

Dy. CIT v. Gokul Agro Resources Ltd. (2025) 303 Taxman 259 (SC) Editorial : Gokul Agro Resources Ltd v.Dy.CIT (2025) 170 taxmann.com 668 (Guj)(HC)