Date of the Judgment: February 7, 2025 Citation: 2025 INSC 155 Judges: J.B. Pardiwala, J., Sanjay Karol, J. When does the failure to file an income tax return become an “offence” under Indian law? The Supreme Court of India addressed this critical question in Vinubhai Mohanlal Dobaria v. Chief Commissioner of Income Tax, clarifying the […]
Supreme Court sets aside reassessment orders in Mangalam Publications case LEGAL ISSUE: Whether reassessment under Section 147 of the Income Tax Act, 1961 is valid when the original assessment was completed under Section 143(3) and the reassessment is based on a change of opinion. CASE TYPE: Income Tax Case Name: M/s Mangalam Publications, Kottayam vs.
Supreme Court Clarifies Retrospective Application of Section 40(a)(ia) of the Income Tax Act in Tax Deduction Cases LEGAL ISSUE: Whether the amendment to Section 40(a)(ia) of the Income Tax Act, 1961, by the Finance Act, 2010, has retrospective application. CASE TYPE: Income Tax Law Case Name: Commissioner of Income Tax Kolkata XII vs. M/s Calcutta
