IMPORTANT INCOME TAX CASE LAW 22.11.2025

By | November 24, 2025

IMPORTANT INCOME TAX CASE LAW 22.11.2025

SectionCase Law TitleBrief SummaryCitationRelevant Act
Section 10(1)Changela Mohanbhai R HUF v. PCITRevision proceedings initiated by PCIT for not issuing a single notice under Section 133(6) were invalid because the A.O. had made specific inquiries for agricultural income (which is exempt under Section 10(1)) and there was no tangible revenue loss.Click HereIncome-Tax Act, 1961
Section 32Hewlett Packard Financial Services (India) (P.) Ltd. v. ACIT, Circle-2(1)(2)A digital printer is an integral part of a computer and is therefore entitled to the higher depreciation rate of 60% applicable to computers.Click HereIncome-Tax Act, 1961
Section 32Hewlett Packard Financial Services (India) (P.) Ltd. v. ACIT, Circle-2(1)(2)The requirement to file an income tax return within the due date under Section 139(1) is not a condition precedent to carry forward unabsorbed depreciation.Click HereIncome-Tax Act, 1961
Section 36(1)(vii)Hewlett Packard Financial Services (India) (P.) Ltd. v. ACIT, Circle-2(1)(2)When an assessee makes a provision for unrecoverable TDS amounts from customers, the A.O. must verify if it was an actual write-off or just a provision to determine its allowability as a bad debt under this section.Click HereIncome-Tax Act, 1961
Section 41(1)Hewlett Packard Financial Services (India) (P.) Ltd. v. ACIT, Circle-2(1)(2)Mere write-off of a debt by a creditor (HPIS) against the assessee does not justify an addition under Section 41(1) (remission or cessation of trading liability) unless there is evidence that the assessee claimed a prior deduction or benefit related to that liability.Click HereIncome-Tax Act, 1961
Section 151ASmt. Prameela Pasumarthi v. Deputy Commissioner of Income-taxReassessment notices under Sections 148A and 148 issued by the Jurisdictional Assessing Officer are invalid because, post E-Assessment Scheme, 2022, such proceedings must be conducted only through the faceless mechanism by NFAC.Click HereIncome-Tax Act, 1961
Section 199Yogesh Gandhi v. ACIT, Circle, International TaxationWhere an assessee was fully taxed on the sale consideration of a property in the year of transfer, the credit for TDS deducted by the buyer in a later year on a part-settlement of the consideration is to be allowed to the assessee.Click HereIncome-Tax Act, 1961

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