The Allahabad High Court, while hearing a case relating to the alleged theft of 40 motorcycles, directed the Director General of Police (DGP), Lucknow, Uttar Pradesh, to issue a detailed Standard Operating Procedure (SOP) for mandatory recording of search and seizure as prescribed under Section 105 of the Bharatiya Nagarik Suraksha Sanhita (BNSS). The … Read more
Benami Transactions, Demonetisation Cash Routing and Provisional Attachment Statutory Definitions, “Reasons to Believe” under Section 24(1), and the Doctrine of Independent Satisfaction M/s Bajrang Traders v. Initiating Officer, BPU, Ahmedabad Decision: 10 December 2025 (Appellate Tribunal under SAFEMA) The decision rendered by the Appellate Tribunal under SAFEMA, New Delhi, in M/s Bajrang Traders v. Initiating … Read more
Revision under Section 264 vis-à-vis Appeal under Section 246A: Scope of Discretion, Errors in Return and the Preventive Role of Revisional Jurisdiction – An Analysis of the Bombay High Court decision in Swaminarayan Mandir Trust The recent decision of the Bombay High Court in Swaminarayan Mandir Trust Versus Commissioner of Income Tax (Exemptions), Mumbai & … Read more
ITAT Mumbai Strikes Down Additions for Want of Proof Ajay Kumar Agrawal Nehru Place, New Delhi (For Professional Circulation) 03 January 2026 The decision of the Mumbai Bench of the Income Tax Appellate Tribunal, Mumbai Bench in Jayantilal Purohit v. Deputy Commissioner of Income Tax, Central Circle–4(2), Mumbai (ITA Nos. 5682, 5683 and 5684/Mum/2025, … Read more
CA AJAY KUMAR AGRAWAL Nehru Place, New Delhi Case Reference – 0004 | Date: 31/12/2025 For Professional Circulation Delhi High Court | Judgment dated 24 December 2025 W.P.(C) 15181/2004 LG Electronics India Pvt. Ltd. & Anr. Versus Director of Income Tax (International Taxation) & Anr. Core Issue: The core issue before the Delhi High … Read more
Delhi High Court | Judgment dated 23 December 2025 W.P.(C) 19589/2025 & CM Appl. 81894/2025 Manjit Singh Dhaliwal versus Commissioner of Income Tax (International Taxation)-01, New Delhi The Delhi High Court examined the scope and limits of the power of condonation of delay under section 119(2)(b) of the Income-tax Act, 1961, in the context of … Read more
Shri Jagdish Prashad Gupta Vs Joint Commissioner of Income Tax, Range – 1(1), Muzaffarnagar ITA No. 3822/Del/2024 | ITAT Delhi Assessment Year: 2017-18 Order dated: 23 December 2025 CORE ISSUE: Whether penalty under section 271D of the Income-tax Act, 1961 for alleged violation of section 269SS can be sustained in a case where … Read more
Delhi High Court: Pr. Commissioner of Income Tax – 1 Vs M/s Agroha Fincap Ltd. ITA No. 60/2024 | Judgment dated: 23 December 2025 Core Issue: Whether the appeal filed by the Revenue before the High Court was maintainable despite low tax effect, in light of the CBDT monetary-limit circulars, and whether the case fell … Read more
Allowance of claim of interest expenses – assessee had claimed as business expenses and alternatively, as expenses allowable under the head “Income from House Property” u/s 24(b) – asset was put to use ITAT JAIPUR: Rup Kumar Ramchandani Prop. M/s SHE, Ajmer Versus Income Tax Officer, Ward-1 (2) Ajmer,No.- ITA No. 1258/JPR/2025 Dated: December … Read more
Whether penalty under section 271A of the Income-tax Act, 1961 can be levied where the assessee has maintained books of account which were audited under section 44AB, but the Assessing Officer rejected the books under section 145(3) due to alleged deficiencies and estimated income. Case Citation – ITAT Kolkata Anita Basak v. ACIT, Central Circle-1(1), … Read more
