TaxHeal - GST and Income Tax Complete Guide Portal

IMPORTANT INCOME TAX CASE LAW 09.06.2025

SECTION	CASE LAW TITLE	Brief Summary	Citation	Relevant Act
2(14)	Parasmal Ravindra Kumar v. Income-tax Officer	Land situated 16 kms from the municipality, confirmed as agricultural by the Village Administrative Officer with records showing cultivation, is agricultural land and exempt from taxation.	Click Here	Income-tax Act, 1961
2(24)	Commissioner of Income-tax v. Naresh K Trehan	Where an assessee acquired shares in exchange for his interest in a not-for-profit organization, the provisions of section 2(24)(iv) do not apply, and the value difference cannot be taxed as perquisites.	Click Here	Income-tax Act, 1961
10(23C)	ACIT v. Nanded Sikhgurudwara Sachkhand Hazur Sahib	If an assessee-trust files Form No. 10BB after the due date but before the completion of assessment proceedings, it is considered sufficient compliance for claiming exemption under section 10(23C)(v).	Click Here	Income-tax Act, 1961
10(26)	Mehmood Askari v. Union of India	An assessee who failed to satisfy the three conditions laid down in section 10(26) was not entitled to claim exemption for his entire income.	Click Here	Income-tax Act, 1961
11	Somani Charitable Trust v. ACIT, Circle-2, Gwalior	In view of the second proviso to section 12A(2), the benefit of sections 11 and 12 applies to assessment years for which appeal proceedings are pending on the date registration under section 12AA is granted.	Click Here	Income-tax Act, 1961
12A	Maheswara Educational Society v. Director of Income Tax Exemptions	Denial of retrospective registration under section 12A was upheld as the assessee, despite being aware of the statutory requirement, failed to provide cogent and justifiable reasons for the delay in applying.	Click Here	Income-tax Act, 1961
14A	Parasmal Ravindra Kumar v. Income-tax Officer	Disallowance of expenditure under section 14A should be restricted to the extent of exempt income earned during the previous year.	Click Here	Income-tax Act, 1961
37(1)	Star Time Communication (I) (P.) Ltd. v. Commissioner of Income-tax	The Tribunal was justified in restricting the deduction for infrastructure fees to 5% of the actual advertising receipts as per the P&L account, not on the gross advertising bills.	Click Here	Income-tax Act, 1961
37(1)	Parshwanath Realty (P.) Ltd. v. ADDL/JT/DY/ACIT/Income-tax Officer, National e-Assessment Centre, Delhi	Where an assessee claimed exhibition expenses incurred for a firm where he was a partner, only 25% of the expenses were allowed as they were not incurred wholly and exclusively for the assessee’s business.	Click Here	Income-tax Act, 1961
48	Vandana Mathur C-101 v. ITO	Disallowance of indexed cost of improvement for furnishing expenses, which were duly supported by bills and explanations, was unsustainable as such items are part of the cost of improvement.	Click Here	Income-tax Act, 1961
68	Principal Commissioner of Income-tax v. Reena Jain	Reopening of assessment was justified as the AO had applied his mind, noting ITBA data on bogus LTCG from penny stock and the assessee’s failure to provide documentary evidence.	Click Here	Income-tax Act, 1961
69	Vandana Mathur C-101 v. ITO	Taxing a cash deposit during demonetization in an assessee’s hands, when the same amount in the joint account was already assessed and accepted in her husband’s hands, amounts to impermissible double taxation.	Click Here	Income-tax Act, 1961
69A	Mohit Sukhija v. NFA	When an assessee has already declared the source for cash deposits in the books of account, the Assessing Officer cannot invoke the provisions of sections 68 or 69A.	Click Here	Income-tax Act, 1961
72	Pradeep Kisanlal Boob v. ACIT	The disallowance of set-off of brought forward business loss against short-term capital gain from the sale of depreciable business assets (u/s 50) was correct as there are no specific provisions allowing it.	Click Here	Income-tax Act, 1961
139	Mukesh Garg v. Assistant Commissioner of Income-tax	A refund cannot be denied for a TDS mismatch if the assessee filed a revised return in time and the revenue neither rejected it nor communicated any defect.	Click Here	Income-tax Act, 1961
153A	Vijay Madan Varma v. Assistant Commissioner of Income-tax	Assessments under Section 153A are invalid if initiated for cash seized during an election period where the specific procedural exceptions under Rule 112F have been ignored by the Assessing Officer.	Click Here	Income-tax Act, 1961
276C	Sri. Pradeep Dayanand Kothari v. Deputy Commissioner of Income-tax	Prosecution for an offence under section 276C(1) cannot be continued if the penalty proceedings under the same section have already been terminated by the Appellate Tribunal.	Click Here	Income-tax Act, 1961