IMPORTANT INCOME TAX CASE LAWS 30.03.2026

Relevant Act	Section	Case Law Title / Authority	Brief Summary	Citation
Income Tax Act	Sec 2(14)	ACIT v. Ahmed Mahomed Pandor	Land that is agricultural at the time of sale (beyond municipal limits) is not a Capital Asset. Subsequent industrial conversion by the buyer does not change this status.	Click Here
Income Tax Act	Sec 5 & 9	DCIT v. MakeMyTrip India (P.) Ltd.	Upfront loyalty fees are taxable only proportionately over the service period. Ticket cost remittances to AEs are pure reimbursements (no income element), hence no TDS is required.	Click Here
Income Tax Act	Sec 37(1)	Aishwarya Rai Bachchan v. DCIT	Expenses for forecasting and project feasibility for a windmill business are allowable revenue expenditures as they are incidental to the existing business.	Click Here
Income Tax Act	Sec 37(1)	DCIT v. MakeMyTrip India (P.) Ltd.	ESOP expenses are a form of employee compensation and are fully deductible as business expenditure.	Click Here
Income Tax Act	Sec 40(a)(ia)	DCIT v. MakeMyTrip India (P.) Ltd.	Payment Gateway Charges paid to banks are not “commissions” (Sec 194H). Therefore, no TDS is required and no disallowance can be made.	Click Here
Income Tax Act	Sec 80G	DCIT v. Amneal Pharmaceuticals	CSR & 80G: Even if an expense is disallowed as a business deduction (Sec 37), it remains eligible for a donation deduction under Section 80G.	Click Here
Income Tax Act	Sec 149	Shairul Impex v. ITO	Reopening a case after 3 years for “bogus purchases” (revenue items) is invalid unless the escapement is represented by an “Asset” exceeding ₹50 lakhs.	Click Here
Finance Act, 1994	Sec 245	DGGI v. SEW Infrastructure Ltd.	SC Ruling: The Income Tax Dept cannot set off a tax refund against Service Tax dues. These are distinct legal departments and cannot “cross-collect” in this manner.	Click Here

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