INCOME TAX CASE LAW DIGEST 10.6.2026 INCOME TAX CASE LAW DIGEST 10.6.2026 Case Law Title Case Citation Section(s) Involved Relevant Act Brief Summary Principal Commissioner of Income-tax-9 vs. Nikunj Dhanuka Click Here Section 147 / 148, Section 10(38) Income-tax Act, 1961 SLP dismissed. Reopening of assessment based on Investigation Wing info regarding bogus LTCG exemption… Read More »
INCOME TAX CASE LAW DIGEST 09.6.2026 INCOME TAX CASE LAW DIGEST 09.6.2026 Relevant Act Section Case Law Title Citation Brief Summary Income Tax Act, 1961 Section 153A, Section 45(5), Section 131 Assistant Commissioner of Income-tax vs. Lakkanna Durgappa Click Here Additions made on account of capital gains under Section 153A were deleted for a concluded… Read More »
INCOME TAX CASE LAWS DIGEST 08.06.2026 Relevant Act Section Case Law Title Citation Brief Summary Income Tax Act, 1961 Section 192 & Section 201 State Bank of India vs. ITO, TDS Click Here The assessee-bank was held liable as an “assessee in default” under section 201 because it failed to deduct TDS under section 192… Read More »