INCOME TAX CASE LAWS 12.08.2026 Relevant Act Section Case Law Title Citation Brief Summary Income-tax Act, 1961 Section 9 Principal Commissioner of Income-tax v. Cholamandalam Click Here SLP dismissed; TDS is not deductible on survey fees paid to non-resident surveyors outside India as services were entirely rendered outside the country. Income-tax Act, 1961 Section… Read More »
Penalty Under Section 270A Void as Show Cause Notice Failed to Specify Misreporting Grounds Penalty Under Section 270A Void as Show Cause Notice Failed to Specify Misreporting Grounds Issue Whether a penalty order passed under Section 270A alleging “misreporting of income” is legally sustainable when the show-cause notices failed to specify the specific limb or… Read More »
Supreme Court Dismisses Revenue SLP as Tax Effect Below CBDT Threshold Lacks Legal Exception Supreme Court Dismisses Revenue SLP as Tax Effect Below CBDT Threshold Lacks Legal Exception Issue Whether a Special Leave Petition (SLP) filed by the Revenue is maintainable under Section 268A when the monetary tax effect is below the prescribed CBDT limit… Read More »
Ex-Parte Order Set Aside and Disputed Issue Remitted to CIT(A) for Fresh Adjudication After Hearing Issue Whether the ex-parte order passed by the CIT(A) confirming the assessment addition under Section 147 read with Section 144 should be set aside and remitted back to the CIT(A) to provide the assessee one more opportunity of hearing to… Read More »
Supreme Court Grants SLP Against High Court Ruling Abating Settlement Proceedings and Permitting Reassessment Supreme Court Grants SLP Against High Court Ruling Abating Settlement Proceedings and Permitting Reassessment Issue Whether a Special Leave Petition (SLP) should be granted against the High Court’s order holding that settlement applications abate under Section 245HA if no assessment proceedings… Read More »
Delay of Ten Months in Recording Satisfaction Note Involvalidates Section 153C Reassessment Notices Issue Whether a delay of nearly ten months in recording the satisfaction note by the Assessing Officer of the searched person after completing the search assessment invalidates the subsequent notices issued under Section 153C. Facts A search and seizure operation was conducted… Read More »
Reassessment Notice Issued Under New Regime Beyond Old Limitation Period Is Void and Without Jurisdiction Reassessment Notice Issued Under New Regime Beyond Old Limitation Period Is Void and Without Jurisdiction Issue Whether a reassessment notice issued under Section 148 under the new regime (post 01.04.2021) is legally valid when the maximum time limit prescribed for… Read More »
Supreme Court Affirms Notice Bearing Officer Name and Designation Is Valid Without Signature Under Section 282A Supreme Court Affirms Notice Bearing Officer Name and Designation Is Valid Without Signature Under Section 282A Issue Whether a reassessment notice issued under Section 148 is valid and duly authenticated under Section 282A when it bears the name and… Read More »
Ex-Parte Assessment Orders Set Aside and Remanded for De Novo Hearing Due to Improper Notice Service Ex-Parte Assessment Orders Set Aside and Remanded for De Novo Hearing Due to Improper Notice Service Issue Whether ex-parte assessment orders passed under Section 144 and confirmed ex-parte by CIT(A) should be set aside and remanded to the Jurisdictional… Read More »
Net Loss from Online Gaming After Accounting for Buy-In Amounts Is Not Taxable Under Section 115BB Issue Whether gross wallet credits can be taxed under Section 115BB when the assessee incurred an overall net loss in online gaming activity after accounting for buy-in deposits and user account transfers. Facts The assessee, an individual, filed a… Read More »