14 IMPORTANT INCOME TAX CASE LAWS 05.03.2025
| Section | Case Law Title | Brief Summary | Citation | Relevant Act |
| 2(9)(d) (PBPTA) | DCIT v. SRS Mining | Properties attached were classified as Benami Properties due to corroborative evidence of concealment.
Seized Assets Deemed Benami Due to Concealment and Retracted Statements. |
Click Here | Prohibition of Benami Property Transactions Act, 1988 |
| 10(23C)(vi) | Deputy Commissioner of Income-tax v. Vallabh Seva Kendra | Running hostels on a commercial basis disqualifies educational institution exemption. | Click Here | Income-tax Act, 1961 |
| 28(iv) | Joint Commissioner of Income-tax (OSD) v. Kute Sons Dairys Ltd. | Government subsidy received for running business after commencment is a revenue receipt taxable under 28(iv). | Click Here | Income-tax Act, 1961 |
| 36(1)(iii) | Prabhu Spinning Mills (P.) Ltd. v. Joint Commissioner of Income-tax | Reopening notice quashed due to full disclosure by assessee regarding interest claim. | Click Here | Income-tax Act, 1961 |
| 69 | TamilNadu State Marketing Corporation Ltd. v. Assistant Commissioner of Income-tax | No addition under 69 for cash deposits from liquor sales during demonetization, if properly accounted. | Click Here | Income-tax Act, 1961 |
| 69C | Jindal Saw Ltd. v. Deputy/Assistant Commissioner of Income-tax | Notice and order set aside due to variance in allegations and lack of opportunity to explain. | Click Here | Income-tax Act, 1961 |
| 69C | Principal Commissioner of Income-tax 13 Kolkata v. Champalal Omprakash | Reassessment order set aside for not disposing of objections against reopening reasons. | Click Here | Income-tax Act, 1961 |
| 144B | Saurabh Rohitbhai Modi HUF v. ADDL/JOINT/DY./ACIT/ITO National Faceless Assessment Centre or His Successor | Faceless assessment order set aside for violating mandatory procedure (no show cause notice). | Click Here | Income-tax Act, 1961 |
| 148A | Mahatma Gobarji Seva Sansthan ILOL v. Income-tax Officer Ward – 1 | Reopening notice quashed as there was no information of escaped income with AO. | Click Here | Income-tax Act, 1961 |
| 153C | Commissioner of Income-tax Central-I v. SRM Systems and Software (P.), Ltd. | Section 153C Proceedings Void Ab Initio Due to Lack of Satisfaction Note for a person other than the searched person. | Click Here | Income-tax Act, 1961 |
| 192 | Kushal Prashad Sahu v. Assistant Commissioner of Income-tax | Matter remanded for fresh adjudication as TDS credit was not allowed despite records in 26AS | Click Here | Income-tax Act, 1961 |
| 260A | Principal Commissioner of Income-tax v. Nagar Dairy (P.) Ltd. | Cross-objection is not maintainable in an appeal under section 260A. | Click Here | Income-tax Act, 1961 |
| 271E | Anil Sharma v. Income-tax Officer | Penalty order u/s 271E set aside as AO did not record satisfaction in assessment order for initiation. | Click Here | Income-tax Act, 1961 |
| 276B | Income-tax Department v. Vishweshwara Rao Chava | Trial Court erred in discharging accused from offence of not remitting deducted TDS.
Company Directors Liable for Prosecution for Failure to Remit TDS. |
Click Here | Income-tax Act, 1961 |