IMPORTANT INCOME TAX CASE LAWS 26.05.2025

By | May 27, 2025

IMPORTANT INCOME TAX CASE LAWS 26.05.2025

SectionCase Law TitleBrief SummaryCitationRelevant Act
12A(1)(ac)(i)Human Welfare Foundation v. DCIT (Exemptions)Cancellation of registration unjustified as assessee engaged in charitable activities benefiting all sections of society, not just a particular religious community.Click HereIncome-tax Act, 1961
12AB(4)Human Welfare Foundation v. DCIT (Exemptions)Retrospective cancellation of registration from AY 2018-19 unsustainable as section 12AB(4) is prospective (effective from 1-4-2022).Click HereIncome-tax Act, 1961
68Harsha Associates (P.) Ltd. v. Deputy Commissioner of Income-taxLiabilities owed to banks for unpresented cheques treated as bogus credits and added to income due to lack of supporting evidence.Click HereIncome-tax Act, 1961
246Manoj Naraindas Motwani v. Assistant Commissioner of Income-taxWrit petition against assessment order not entertained due to availability of alternate remedy of appeal.Click HereIncome-tax Act, 1961

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