PCIT v. Genuine Finance (P) Ltd.

162 Taxmann.com 700Supreme Court of India2024#19475 most cited

judgments rely on this decision, according to BharatTax’s citation analysis of 292,668 Indian tax judgments — from 2025 to 2026.

Sections most often in play

Section 68 Section 148 Section 250 Section 10(38)Section 133(6)Section 142(1)Section 143(2)Section 144B

Issues it is cited on

price rigging bogus long term capital gain penny stock principal commissioner of income-tax entry operator accommodation entry long term capital gain section 133 section 133(6)section 68 section 132 section 13

Judgments citing PCIT v. Genuine Finance (P) Ltd.

GYAN PRAKASH GUPTA,NEW DELHI vs. ITO WARD-10(4), NEW DELHI

In the result, appeal filed by the assessee is allowed

ITA 6271/DEL/2019[2015-16]Status: DisposedITAT Delhi09 Apr 2026AY 2015-16

Bench: Shri S Rifaur Rahman & Shri Vimal Kumarlate Gyan Prakash Gupta Vs. Ito Through Legal Heir Raj Ward 10(4) Kumari Gupta New Delhi Plot No.6 & 7, Defence Enclave, Laxmi Nagar, East Delhi 110092 "थायीलेखासं./जीआइआरसं./Pan/Gir No: Adupg 2697 N Appellant .. Respondent

For Appellant: Sh. Ajit Gandhi, AdvFor Respondent: Ms. Harpreet Kaur Hansra, Sr. DR

Section 10Section 10(38)Section 143(2)Section 143(3)Section 250Section 68

…P a g e | 1 Gyan Prakash Gupta (AY 2015-16) IN THE INCOME TAX APPELLATE TRIBUNAL “F” BENCH, DELHI BEFORE SHRI S RIFAUR RAHMAN, ACCOUNTANT MEMBER & SHRI VIMAL KUMAR, JUDICIAL MEMBER Late Gyan Prakash Gupta Vs. ITO through legal Heir Raj Ward 10(4) Kumari Gupta New Delhi Plot No.6 & 7, Defence Enclave, Laxmi Nagar, East Delhi 110092 "थायीलेखासं./जीआइआरसं./PAN/GIR No: ADUPG 2697 N Appellant .. Respondent Appellant by : Sh. Ajit Gandhi, Adv. Respondent by : Ms. Harpreet Kaur Hansra, Sr. DR Date of Hearing 29.01.2026 Date of Pronouncement 09.04.2026 O R D E R PER VIMAL KUMAR, JM: The appeal filed by the asse…

INCOME TAX OFFICER-3(1), RAIPUR, RAIPUR vs. RAHUL KATHURIA, RAIPUR

In the result, appeal of the Revenue in ITA No

ITA 152/RPR/2025[2019-20]Status: DisposedITAT Raipur26 Nov 2025AY 2019-20

Bench: Shri Partha Sarathi Chaudhury & Shri Arun Khodpiaआयकर अपील सं. / Ita Nos.151 & 152/Rpr/2025 "नधा"रण वष" / Assessment Years : 2018-19 & 2019-20 The Income Tax Officer/Income Tax Officer-3(1) Raipur (C.G.)

For Appellant: Shri V.K. Jindal, CAFor Respondent: Dr. Priyanka Patel, Sr. DR

Section 148

…आयकर अपील"य अ"धकरण "यायपीठ रायपुर म"। IN THE INCOME TAX APPELLATE TRIBUNAL, RAIPUR BENCH, RAIPUR (Through Virtual Hearing) BEFORE SHRI PARTHA SARATHI CHAUDHURY, JUDICIAL MEMBER AND SHRI ARUN KHODPIA, ACCOUNTANT MEMBER आयकर अपील सं. / ITA Nos.151 & 152/RPR/2025 "नधा"रण वष" / Assessment Years : 2018-19 & 2019-20 The Income Tax Officer/Income Tax Officer-3(1) Raipur (C.G.) ........अपीलाथ" / Appellant बनाम / V/s. Rahul Kathuria 29, 81, Christian Colony, Raja Talab, Raipur-492 001 (C.G.) PAN: AEVPK0960J ……""यथ" / Respondent Assessee by : Shri V.K. Jindal, CA Revenue by : Dr. Priyanka Patel, Sr. DR सुनवाई क" तार"ख…

INCOME TAX OFFICER, RAIPUR vs. RAHUL KATHURIA, RAIPUR

In the result, appeal of the Revenue in ITA No

ITA 151/RPR/2025[2018-19]Status: DisposedITAT Raipur26 Nov 2025AY 2018-19

For Appellant: Shri V.K. Jindal, CAFor Respondent: Dr. Priyanka Patel, Sr. DR

Section 148

RAJENDRA ,MUMBAI vs. DCIT CIRCLE 19(3), MUMBAI

In the result, the appeal of the assessee is allowed

ITA 759/MUM/2025[AACPR4430M]Status: DisposedITAT Mumbai30 Apr 2025

Bench: Shri Pawan Singh & Shri Omkareshwar Chidara(Physical Hearing) बनाम Rajendra, Dcit Circle 19(3), Mumbai 317, Prasad Chamber, Opera House, Vs Piramal Chambers, Charni Road, Mumbai – 400004. Lalbaug, Parel, Pan No. Aacpr 4430 M Mumbai-400012. अपीलार्थी/Appellant प्रत्यर्थी /Respondent ननर्ाारितीकीओिसे /Assessee By Ms. Ruby Srivastava & Shri Bharat Kumar Ar’S िाजस्वकीओिसे /Revenue By Shri Anil Gupta, Sr. Dr Date Of Institution Of Appeal 03.02.2025 27.02.2025 सुनवाईकीतािीख/Date Of Hearing उद्घोषणाकीतािीख/Date Of 30.04.2025 Pronouncement Order Under Section 254(1) Of Income Tax Act

Section 132(4)Section 143(1)Section 148Section 254(1)Section 68Section 69C

…IN THE INCOME TAX APPELLATE TRIBUNAL “SMC” BENCH, MUMBAI BEFORE SHRI PAWAN SINGH, JUDICIAL MEMBER AND SHRI OMKARESHWAR CHIDARA, ACCOUNTANT MEMBER (Physical Hearing) बनाम Rajendra, DCIT Circle 19(3), Mumbai 317, Prasad Chamber, Opera House, Vs Piramal Chambers, Charni Road, Mumbai – 400004. Lalbaug, Parel, PAN No. AACPR 4430 M Mumbai-400012. अपीलार्थी/Appellant प्रत्यर्थी /Respondent ननर्ाारितीकीओिसे /Assessee by Ms. Ruby Srivastava & Shri Bharat Kumar AR’s िाजस्वकीओिसे /Revenue by Shri Anil Gupta, Sr. DR Date of institution of appeal 03.02.2025 27.02.2025 सुनवाईकीतािीख/Date of hearing उद्घोषणाकीतािीख/Date of 30…