IMPORTANT INCOME TAX CASE LAWS 26.09.2025
| SECTION | CASE LAW TITLE | Brief Summary | CITATION | RELEVANT ACT |
| Sec. 2, 23, 24, 26, PBPT Act | Uttam Kumar Saha v. Initiating Officer, DCIT | Cash is ‘property’ under the Benami Act. Cash seized from a person was held to be ‘benami property’ after the claimed owner (a SATSANG) denied ownership. The holder was rightly treated as the benamidar. | Click Here | PBPT Act, 1988 |
| 11 | Imperial College India Foundation v. ITO | A trust’s claim for income accumulation u/s 11(2) is valid even if Form 10 is vague (e.g., ‘for objects of trust’), as long as a board resolution clearly specifies the charitable purpose. | Click Here | Income-tax Act, 1961 |
| 60 | Rana Iqbal Singh v. ITO | An addition based on a third-party document was deleted because the assessee denied knowledge of the transaction, and a handwriting expert confirmed the signature was not his. | Click Here | Income-tax Act, 1961 |
| 68 | Vinod Mongia v. ITO | A reassessment order is a nullity if the mandatory notice u/s 143(2) is not issued after the assessee files a return in response to the reopening notice u/s 147. | Click Here | Income-tax Act, 1961 |
| 68 & 69C | ACIT v. L G Choudhary | An addition for an unsecured loan u/s 68 was deleted as the assessee proved genuineness with PAN, bank statements, confirmation, and repayment evidence. However, 25% of bogus purchases were disallowed. | Click Here | Income-tax Act, 1961 |
| 69A | Mandeep Singh v. ITO | A protective addition of Rs. 15 crores u/s 69A was deleted because substantive additions for the same amount had already been made against the actual beneficiaries. | Click Here | Income-tax Act, 1961 |
| 80G | Lowe’s Services India (P.) Ltd. v. DCIT | CSR expenditure given as donations to eligible charitable trusts is deductible under Section 80G (unless specifically excluded, like donations to Swachh Bharat Kosh). | Click Here | Income-tax Act, 1961 |
| 80G | Prayatna Charitable Trust v. CIT (Exemption) | A rejection of 80G registration was remanded because the term “spiritual programs” in the trust deed was clarified to mean promoting moral values, not religious rituals. | Click Here | Income-tax Act, 1961 |
| 92C & 115JB | Lowe’s Services India (P.) Ltd. v. DCIT | The DRP’s direction to use LIBOR for benchmarking receivables was remanded for lack of reasoning. An adjustment to book profit for MAT (u/s 115JB) cannot be made in the final order if it wasn’t in the draft order. | Click Here | Income-tax Act, 1961 |
| 148A | PCIT v. Smt. Komarla Yogendra Keertana | A notice for reassessment u/s 148A(b) is invalid and rightly quashed if it fails to provide the assessee with the minimum statutory period of seven days to respond. | Click Here | Income-tax Act, 1961 |
For More:- Read IMPORTANT INCOME TAX CASE LAWS 25.09.2025