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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