IMPORTANT INCOME TAX CASE LAWS 27.11.2025
| Section | Case Law Title | Brief Summary | Citation | Relevant Act |
| Section 21 | Council of Institute of Chartered Accountants of India v. S.N. Valera | The Council’s recommendation to remove a CA’s name from the register for five years was set aside and remitted for fresh consideration because the order was a verbatim reproduction of the Disciplinary Committee’s report with no independent reasons recorded by the Council. | Click Here | Chartered Accountants Act, 1949 |
| Section 54F | Hitesh Kumar Prithviraj Kawad v. Deputy Commissioner of Income-tax | Reassessment initiated solely on the ground of examining the Section 54F deduction, which was already examined and accepted in the original assessment using identical material, was deemed an impermissible change of opinion. | Click Here | Income-tax Act, 1961 |
| Section 68 | Deputy Commissioner of Income-tax v. Rathnamma Infratech (P.) Ltd. | Addition under Section 68 for unsecured loans was unjustified when the assessee furnished confirmation letters, ITR copies, financial statements of loan creditors, and proved that the entire loan amount was transferred through proper banking channels. | Click Here | Income-tax Act, 1961 |
For More :- Read IMPORTANT INCOME CASE LAW 26.11.25