29 IMPORTANT INCOME TAX CASE LAWS 04.03.2025

Section	Case Law Title	Brief Summary	Citation	Relevant Act
2(15)	Income-tax Officer (Exemption) v. St. John Ambulance Association	Matter restored to Assessing Officer to determine if first aid training activities are charitable.	Click Here	Income-tax Act, 1961
2(19AA)	Reckitt Benckiser Healthcare India (P.) Ltd. v. Deputy Commissioner of Income-tax	Transfer of treasury unit assets without liabilities is a taxable capital gain, not a demerger.	Click Here	Income-tax Act, 1961
4	Trends Pharma v. Income-tax Officer-24(3)(4)C-11	Disallowing short-term capital loss from sham share transactions does not raise a substantial question of law.	Click Here	Income-tax Act, 1961
14A	Reckitt Benckiser Healthcare India (P.) Ltd. v. Deputy Commissioner of Income-tax	No further interest disallowance under 14A if assessee has sufficient interest-free funds.	Click Here	Income-tax Act, 1961
32	Ammann India (P.) Ltd. v. Assistant Commissioner of Income-tax	Tribunal’s deletion of addition without dealing with merits is not valid information for reopening assessment. Reopening Notice for Depreciation on Goodwill Quashed; No Escapement of Income	Click Here	Income-tax Act, 1961
36(1)(va)	Checkmate Services (P.) Ltd. v. Deputy Commissioner of Income-tax	Late deposit of employee contributions to PF/ESI is treated as assessee’s income.	Click Here	Income-tax Act, 1961
37(1)	Reckitt Benckiser Healthcare India (P.) Ltd. v. Deputy Commissioner of Income-tax	Provisions for sales return based on scientific basis are allowable.	Click Here	Income-tax Act, 1961
37(1)	Reckitt Benckiser Healthcare India (P.) Ltd. v. Deputy Commissioner of Income-tax	Product registration expenses are capital expenditure.	Click Here	Income-tax Act, 1961
37(1)	Jubilant Foodworks Ltd. v. DCIT	Issuance of shares at discount is allowable expenditure. ESOP Discount Allowed as Business Expenditure Under Section 37(1)	Click Here	Income-tax Act, 1961
37(1)	Indus Biotech Ltd. v. ACIT	Expenditure on abandoned IPO is revenue expenditure.	Click Here	Income-tax Act, 1961
40(a)(ia)	Mahaonline Ltd. Directorate of Information Technology v. Commissioner of Income-tax (Appeals)	Disallowance under 40(a)(ia) is unsustainable for payments to government and properly TDS compliant payments. Section 40(a)(ia) Disallowance Quashed; Payments to Government and Unpaid Amounts Exempt from TDS	Click Here	Income-tax Act, 1961
44AD	Kety Medicare Centre v. ACIT CC-2, Thane	Nursing home turnover should not include separately declared doctors’ fees. Section 44AD Presumptive Taxation Applied to Nursing Home ; Partner’s Statement Not Sole Basis for Addition	Click Here	Income-tax Act, 1961
68	Hari Enterprise v. Principal Commissioner of Income-tax	Revision upheld for loan genuineness not examined by AO.	Click Here	Income-tax Act, 1961
68	Hari Enterprise v. Principal Commissioner of Income-tax	Revision justified for loan verification needed but not done by AO.	Click Here	Income-tax Act, 1961
68	Kumar Suman Singh v. ACIT	Gift addition upheld due to lack of disclosed source by donor. (Grandmother).	Click Here	Income-tax Act, 1961
69A	Awadh Kishor Singh v. National Faceless Assessment Centre	Addition under 69A for unexplained cash deposits is valid if notices were served.	Click Here	Income-tax Act, 1961
69C	Kumar Suman Singh v. ACIT	Addition for unexplained household expenses sustained.	Click Here	Income-tax Act, 1961
80G	Tiger Research an Conservation Trust v. Income Tax Officer, Ward-1 Exemption	Cancellation of 80G approval unjustified if FCRA funds are utilized as per statutory requirements.	Click Here	Income-tax Act, 1961
80-IA	Kesar Terminals & Infrastructure Ltd. v. Deputy Commissioner of Income-tax	Combined order of objections and assessment under 80-IA violates natural justice.	Click Here	Income-tax Act, 1961
80-IC	Reckitt Benckiser Healthcare India (P.) Ltd. v. Deputy Commissioner of Income-tax	40(a)(ia) disallowance does not increase 80-IC deduction.	Click Here	Income-tax Act, 1961
80-IC	Reckitt Benckiser Healthcare India (P.) Ltd. v. Deputy Commissioner of Income-tax	Scrap income from manufacturing unit is eligible for 80-IC deduction.	Click Here	Income-tax Act, 1961
80-IC	Reckitt Benckiser Healthcare India (P.) Ltd. v. Deputy Commissioner of Income-tax	Profit from entire manufacturing process, including sales, is eligible for 80-IC.	Click Here	Income-tax Act, 1961
143	Checkmate Services (P.) Ltd. v. Deputy Commissioner of Income-tax	No specific auditor observation required for expenditure disallowance under 143(1).	Click Here	Income-tax Act, 1961
145A	Hari Enterprise v. Principal Commissioner of Income-tax	Revision order unjustified if assessee’s closing stock valuation explanation is not considered.	Click Here	Income-tax Act, 1961
148A	Pratul Krishnakant Shroff v. Deputy Commissioner of Income-tax	AO must grant time for reply if assessee requests adjournment under 148A(b).	Click Here	Income-tax Act, 1961

Section	Case Law Title	Brief Summary	Citation	Relevant Act
153A	Kumar Suman Singh v. ACIT	153A proceedings valid based on valid information and undisclosed investments.	Click Here	Income-tax Act, 1961
154	Vadodara Bharuch Tollway Ltd. v. Income-tax Officer	Assessee allowed to challenge rectification order and assessment order within 30 days. Assessee Directed to Appeal Rectification Order Under Section 154	Click Here	Income-tax Act, 1961
194-I	Hari Enterprise v. Principal Commissioner of Income-tax	Revision upheld for AO’s failure to verify TDS on rent under 194-I.	Click Here	Income-tax Act, 1961
194J	Hari Enterprise v. Principal Commissioner of Income-tax	Revision unjustified as TDS under 194J was properly addressed by AO.	Click Here	Income-tax Act, 1961
269ST	Birmala Projects (P.) Ltd. v. Ashwani Ahluwalia	Mere cash receipt violating 269ST does not void underlying agreement in civil court.	Click Here	Income-tax Act, 1961

27 IMPORTANT INCOME TAX CASE LAWS 01.03.2025

Income Tax Case Laws in February 2025

Income Tax Case Laws in January 2025