INCOME TAX CASE LAWS 06.11.2026 Relevant Act Section Case Law Title Citation Brief Summary Income-tax Act, 1961 Section 9 ACIT, Central Circle-1(1) v. Sesa Resources Ltd. Click Here Demurrage paid to non-resident buyers in export transactions was not chargeable to tax in India; hence, no TDS was required under Section 195 and disallowance under… Read More »
INCOME TAX CASE LAWS 04.11.2026 Section Case Law Title Brief Summary Citation Relevant Act Section 4 GE Vernova International LLC v. ACIT Where assessee-company recognized revenue from invoices but subsequently reversed amounts through credit notes after commercial settlements, real income did not accrue to that extent and only real income can be taxed. Click Here… Read More »
INCOME TAX CASE LAWS 03.11.2026 Here is the structured analysis of the provided case laws, presented in tabular format: Section Case Law Title Brief Summary Citation Relevant Act N/A Income-tax Gazetted Officers Association (ITGOA) v. Union of India Dismissal of SLP against High Court order holding that Private Secretaries seeking pay parity with Central… Read More »
INCOME TAX CASE LAWS 02.11.2026 Income-Tax Case Law Summary Relevant Act Section Case Law Title Citation Brief Summary Income-tax Act, 1961 Section 14A DCIT Circle 3(4) v. Asian Paints Ltd. Click Here Additional disallowance made by the AO under Rule 8D over and above the assessee’s suo motu disallowance without recording proper satisfaction was held… Read More »
INCOME TAX CASE LAWS 31.10.2026 Here is the structured table containing the legal details extracted from the provided text: Section Case Law Title Brief Summary Citation Relevant Act Section 12AB Sahulat Microfinance Society v. Commissioner of Income-tax Rejection of fresh registration/renewal under section 12AB was justified where a society engaged in microfinance received major… Read More »
INCOME TAX CASE LAWS 30.10.2026 Section Case Law Title Brief Summary Citation Relevant Act Service Matter – Pay Scales and Pay Parity ITGOA v. Union of India Where Private Secretaries and Senior Private Secretaries sought pay parity with Central Secretariat counterparts, common recruitment and similar duties did not establish a legal basis for parity,… Read More »
INCOME TAX CASE LAWS 28.10.2026 Here is the requested case law information organized in a structured table format: Section Case Law Title Citation Brief Summary Relevant Act Section 2(42A) Venkataswaroop Reddy Siddavarapu v. Deputy Commissioner of Income-tax Click here Where shares were received via gift and fair market value was offered to tax under Sec… Read More »
INCOME TAX CASE LAWS 27.10.2026 Here is the complete analysis and summary of the provided case laws formatted cleanly in a table. Case Law Summary & Analysis Relevant Act Section Case Law Title Citation Brief Summary Building and Other Construction Workers’ Welfare Cess Act, 1996 Section 11 Ridhiraj Builders and Promoters v. State of… Read More »
INCOME TAX CASE LAWS 26.10.2026 Here is the structured table containing the Relevant Act, Section, Case Law Title, Citation, and Brief Summary extracted from your text: Relevant Act Section Case Law Title Citation Brief Summary Income-tax Act, 1961 Section 12AB Indian Association of Colleges of Pharmachy v. Commissioner of Income-tax (Exemptions) Click here Denial… Read More »
INCOME TAX CASE LAWS 24.10.2026 Here is the complete summary of the case laws organized in a structured table format: Section Case Law Title Brief Summary Citation Relevant Act Section 28(i) Cooperatieve Rabobank U.A. v. ACIT Mark-to-market loss on AFS and HFT investments reflecting actual diminution in the value of stock-in-trade valued consistently as… Read More »