https://www.taxheal.com/tag/income-tax-case-laws-14-5-2025 Complete Guide for Income Tax and GST in India Fri, 15 May 2026 06:50:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.taxheal.com/income-tax-case-laws-14-5-2025.html Fri, 15 May 2026 06:50:43 +0000 https://www.taxheal.com/?p=129884 INCOME TAX CASE LAWS 14.5.2025 Section Case Law Title Brief Summary Citation Relevant Act 11 Breach Candy Hospital Trust v. ACIT Appeal disposition without considering pending writ and interim relief regarding exemption approval was improper; must await final writ outcome. Click Here Income-tax Act, 1961 11 T.K. Raja Educational Charitable Trust v. ITO Exemption cannot… Read More »

]]> INCOME TAX CASE LAWS 14.5.2025

Section	Case Law Title	Brief Summary	Citation	Relevant Act
11	Breach Candy Hospital Trust v. ACIT	Appeal disposition without considering pending writ and interim relief regarding exemption approval was improper; must await final writ outcome.	Click Here	Income-tax Act, 1961
11	T.K. Raja Educational Charitable Trust v. ITO	Exemption cannot be denied solely for filing Form 10B after the return but before processing, provided it is available during assessment.	Click Here	Income-tax Act, 1961
32	CIT v. Tata Motors Ltd.	SLP dismissed; the assessee is entitled to claim depreciation on assets even if they have been entered into various lease transactions.	Click Here	Income-tax Act, 1961
45	Suribabu Pallanti v. ITO	Transactions pertaining to a different assessment year (AY 2017-18) must be excluded when computing capital gains for the subject year.	Click Here	Income-tax Act, 1961
68	Suman Sharma v. ITO	Unsecured loans from husband/HUF cannot be treated as unexplained if identity and genuineness are not disputed, despite low returned income.	Click Here	Income-tax Act, 1961
69B	Suribabu Pallanti v. ITO	AO directed to restrict the assessee’s share to 1/5th in a sale transaction involving five co-owners where specific shares weren’t in the deed.	Click Here	Income-tax Act, 1961
69B	Suribabu Pallanti v. ITO	Duplication of sale proceeds is prohibited; an amendment deed correcting an original document does not constitute a separate transaction.	Click Here	Income-tax Act, 1961
119 / 139	Suresh Velu Ellathukalathil v. Pr. CIT	Rejection of condonation of delay for filing return beyond 5 years is justified; no vested right exists to extend time beyond CBDT circular limits.	Click Here	Income-tax Act, 1961
143	DCIT v. Denso Haryana (P.) Ltd.	Once a regular assessment u/s 143(3) is completed, the original 143(1) intimation merges with it, rendering appeals against the intimation infructuous.	Click Here	Income-tax Act, 1961
145	Suman Sharma v. ITO	Ad-hoc enhancement of net profit due to a declining profit ratio is deleted if books are not rejected and no specific defects are found.	Click Here	Income-tax Act, 1961
148	Hari Bhoomi Communications v. ACIT	Jurisdiction for a 148 notice based on third-party seized material is not vitiated by a subsequent stay or invalidation of the original search.	Click Here	Income-tax Act, 1961
149	ACIT v. Mohd Athar Anjum	SLP dismissed; notice for AY 2016-17 issued on 31.03.2024 was barred by limitation as the 6-year period expired on 31.03.2023.	Click Here	Income-tax Act, 1961

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