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Half Yearly Tax Digest 2025: Supreme Court and High Court Cases [Part IX]

Manu Sharma

This Half Yearly Digest analytically summarises all the Supreme Court and High Court Tax Decisions in the First Half of 2025, as reported at...

S.153C Orders issued Based on Third-Party Search Materials: Madras HC directs Assessee to Approach...

Limitation Period Begins from Date of Document Transfer from AO of Searched Person to AO of Other...

ITAT Condones 450-Day Delay in Income Tax Appeal Filing Due to Former CA's Oversight [Read Order]

S. 153C Reassessment Invalid without Incriminating Evidence, Two-Tier AO Satisfaction Required Even...

ITAT Deletes ₹9,640 Deduction Disallowance for LIC Premiums after AO Accepts Additional Evidence [Read Order]

The Delhi Bench of Income Tax Appellate Tribunal ( ITAT )deleted the ₹9,640 disallowance for Life Insurance Corporation of India ( LIC ) premium deduction after the Assessing Officer ( AO ) accepted...

No Incriminating Evidence found for Rs. 14.3 Cr Addition: ITAT dismisses Revenue's Appeal [Read Order]

In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal filed by the revenue as the bench was of the opinion that the addition of Rs. 14.3 crores made...

No Issuance of Income Tax Notice Beyond 10 years from Relevant Assessment Year as per S.149 r/w 153C: Delhi HC [Read Order]

The High Court of Delhi recently allowed a Petition filed against the Revenue holding that Income Tax Reassessment Notice may not be issued beyond a period of 10 years from the relevant Assessment...

Search Assessment shall be Computed u/s 153 of Income Tax, not u/s 147: ITAT quashes Assessment order [Read Order]

In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) quashed the assessment order, clarifying that the both the Assessing Officer and Commissioner of Income Tax (Appeals)...

Unsigned Excel Sheet without Corroboration Fails as Evidence in S. 153C Income Tax Proceedings: Gujarat HC dismisses Revenue’s Appeal [Read Order]

The Gujarat High Court dismissed the appeal filed by the revenue citing that there is no base for initiating proceedings under Section 153C of the Income Tax Act. The court stated that an unsigned...

ITAT deletes Addition made u/s 69 of Income Tax Act without considering Evidence related Agreement of Sale [Read Order]

The two member bench of Delhi Income Tax Appellate Tribunal ( ITAT ) deleted the addition made under Section 69 of the Income Tax Act, 1961 without considering the evidence related to agreement of...

Taxpayer is not Owner of Property: ITAT deletes Addition of 25 lakhs u/s 56 of Income Tax Act [Read Read]

The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) has nullified the addition of Rs. 25 lakhs under Section 56 of the Income Tax Act, stating that the taxpayer is not the rightful owner of...