IMPORTANT INCOME TAX CASE LAWS 15.01.2026

Relevant Act	Section	Case Law Title	Brief Summary	Citation
Income-tax Act, 1961	Section 2(15)	Deshpande Education Trust v. ACIT	[Vocational Training = Education] Providing vocational training and skill development to rural youth involves systematic teaching and constitutes “Education”. It is not “General Public Utility,” so the commercial receipt restrictions of the proviso to Section 2(15) do not apply.	Click Here
Income-tax Act, 1961	Section 12AB	Infosys Green Forum v. ITO (Exemptions)	[Captive Usage Denied] A Section 8 company set up to supply solar power exclusively to its holding company (Infosys) serves a private benefit, not a public charitable purpose (environment preservation). Registration under Section 12AB was rightly denied.	Click Here
Income-tax Act, 1961	Section 2(29A)	Mrs. Urmila Jagdish Mehta v. ACIT	[LTCG Holding Period] For a redeveloped flat, the holding period begins from the Date of Allotment (when rights crystallized), not the later date of possession or payment of installments. Gains were assessed as Long Term (LTCG).	Click Here
Income-tax Act, 1961	Section 54	Indihaf Jamal Mohamed v. ITO	[Delayed Registration] Exemption under Section 54 cannot be denied merely because the registration or construction completion was delayed, provided the assessee invested the capital gains within the stipulated period.	Click Here
Income-tax Act, 1961	Section 220 (Stay)	Clearmedi Healthcare (P.) Ltd. v. DCIT	[Pre-Deposit Not Mandatory] The CBDT OM requiring 20% pre-deposit for a stay of demand is discretionary, not mandatory. The AO must evaluate financial hardship and the high-pitched nature of the assessment before enforcing collection.	Click Here
Income-tax Act, 1961	Section 143 / IBC	Aban Offshore Ltd. v. DCIT	[IBC Clean Slate] Once a Resolution Plan is approved under the IBC, all past tax claims (not included in the plan) are extinguished. The Department cannot proceed with appeals for pre-CIRP period demands.	Click Here

For More :- Read IMPORTANT INCOME TAX CASE LAWS 12.01.2026