Which cases are most cited on Section 148A(b)?

Sir Kikabhai Premchand v. CIT (24 ITR 506) — 152 citing judgments; CIT v. K.G. Rukminiamma (331 ITR 211) — 92 citing judgments; Mis Yahoo India Pvt Ltd. v. DCIT (ITAT Mumbai), Standard Chartered Bank (307 ITR 59) — 90 citing judgments; Vishakapatnam in Smt. Bommana Swarna Rekha v. A. CIT (147 Taxmann 59) — 70 citing judgments; Deepak Steel and Power Ltd. v. Central Board of Direct Taxes (174 Taxmann.com 144) — 70 citing judgments.

How many judgments are there on Section 148A(b)?

BharatTax indexes 538 ITAT, High Court and Supreme Court judgments that turn on Section 148A(b) of the Income Tax Act, 1961.

Section 148A(b) of the Income Tax Act

Q: What is the leading case on Section 148A(b) of the Income Tax Act?

Sir Kikabhai Premchand v. CIT (24 ITR 506) is the decision most relied on for Section 148A(b), cited in 152 judgments. One cannot make a taxable profit or loss from transactions with oneself, as profit only arises from dealings with external third parties, even when transferring assets between different accounts or divisions of the same entity.

The decision most relied on for Section 148A(b) is Sir Kikabhai Premchand v. CIT (24 ITR 506), cited in 152 of the 538 judgments on BharatTax that turn on this section.

Leading authorities on Section 148A(b)

Sir Kikabhai Premchand v. CIT

24 ITR 506 · 1953 · Supreme Court

152

citing judgments

One cannot make a taxable profit or loss from transactions with oneself, as profit only arises from dealings with external third parties, even when transferring assets between different accounts or divisions of the same entity.

CIT v. K.G. Rukminiamma

331 ITR 211 · 2011 · High Court

citing judgments

For capital gains exemption under Sections 54 and 54F of the Income Tax Act (prior to the 2015 amendment), the expression "a residential house" includes multiple residential units and should not be construed in the singular, by applying Section 13 of the General Clauses Act.

Mis Yahoo India Pvt Ltd. v. DCIT (ITAT Mumbai), Standard Chartered Bank

307 ITR 59 · 2008 · High Court

citing judgments

Vishakapatnam in Smt. Bommana Swarna Rekha v. A. CIT

147 Taxmann 59 · 2005 · Reported

citing judgments

Deepak Steel and Power Ltd. v. Central Board of Direct Taxes

174 Taxmann.com 144 · 2025 · Supreme Court

citing judgments

Reassessment notices issued after April 1, 2021, for Assessment Year 2015-16 are time-barred. The relaxation provided by the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Act, 2020, does not extend the period of limitation for such notices.

State of A P v. A P Pensioners Association

13 SCC 161 · 2005 · Reported

citing judgments

Legal fictions are to be construed to enable the person for whose benefit they are created to obtain all flowing consequences. This principle applies when determining procedures for reassessment under Section 148, including decisions under Section 149A(d) and issuing notices within the surviving time limit.

Gurdas Garg v. CIT

63 Taxmann.com 289 · 2015 · High Court

citing judgments

Disallowance under Section 40A(3) can be dispensed with if the assessee proves business expediency for cash payment and verifies the genuineness of the transaction, even if it doesn't fall under Rule 6DD.

CIT v. Micron Steels (P.) Ltd.

372 ITR 386 · 2015 · High Court

citing judgments

A statutory notice issued in the name of a non-existent entity renders the entire assessment a nullity in the eyes of law.

ATS Infrastructure Ltd. v. ACIT

166 Taxmann.com 61 · 2024 · High Court

citing judgments

Once an addition made based on original reasons recorded for reopening is deleted, other additions not part of those original reasons cannot be sustained.

Giridhar Gopal Dalmia Vs.Union of India v. Ors7

156 Taxmann.com 478 · 2024 · Reported

citing judgments

Proceedings under Sections 148-A and 148 should not be issued in a faceless manner until the Supreme Court decides pending SLPs, or the Income Tax Department implements remedial steps.

Judgments on Section 148A(b)

ESTATE OF BINOY KUMAR CHANDRA,KOLKATA vs. ITO, WARD 32(2),, KOLKATA

In the result, appeal of the assessee is allowed

ITA 2810/KOL/2025[2020-2021]Status: DisposedITAT Kolkata15 Apr 2026AY 2020-2021

Bench: Shri Rajesh Kumar, Am & Shripradip Kumar Choubey, Jm Estate Of Binoy Kumar Chandra Vs. Office Of The Income-Tax Officer P-24, C.I.T. Road Entally, Ward-32(2), Kolkata, 10B, Kolkata-700014, West Bengal Middleton Row, Kolkata-700 71 (Appellant) (Respondent) Pan No. Aabae6679B Assessee By : Shri S.K. Tulsiyan & Ms. Lata Goyal, Ars Revenue By : Shri Aditya Bikram, Dr Date Of Hearing: 04.02.2026 Date Of Pronouncement: 15.04.2026

For Appellant: Shri S.K. Tulsiyan &For Respondent: Shri Aditya Bikram, DR

Section 143(2)Section 148Section 148ASection 270ASection 270A(2)(b)Section 270A(6)

SHOBHA SACHEENDRA,MUMBAI vs. ITO WARD-42(3)(3), MUMBAI

In the result, the appeal by the assessee is allowed for statistical

ITA 9073/MUM/2025[2016-17]Status: DisposedITAT Mumbai10 Apr 2026AY 2016-17

Bench: Shri Sandeep Singh Karhailshri Bijayananda Pruseth

For Appellant: Ms. Dinkle HariaFor Respondent: Shri Anurag Tripathi, SR. AR

Section 148ASection 250

IDRISH KHAN,NAGPUR vs. ITO WARD 2(2), NAGPUR

In the result, appeal filed by the assessee is allowed for statistical purposes

ITA 315/NAG/2025[2015-16]Status: DisposedITAT Nagpur10 Apr 2026AY 2015-16

Bench: Shri Pawan Singh & Shri Khettra Mohan Royidrish Khan, 1St Floor, Aman Ito, Ward – 2(2), Nagpur Majestic, Dinshaw Factory Vs Road, Katolroad S.O., Nagpur (Urban), Nagpur, Pan : Afhpp 5844 H Assessee Respondent Assessee By : Shri Kapil Hirani, Advocate Revenue By : Shri Surjit Kumar Saha, Sr. Dr Date Of Hearing : 25.02.2026 Date Of Pronouncement : 10.04.2026 O R D E R

For Appellant: Shri Kapil Hirani, AdvocateFor Respondent: Shri Surjit Kumar Saha, Sr. DR

Section 148ASection 194HSection 250

SACHIN MOHANLAL CHORDIA,PUNE vs. INCOME TAX OFFICER WARD 5(1), PUNE

In the result, appeal of the assessee is allowed

ITA 3279/PUN/2025[2015-16]Status: DisposedITAT Pune30 Mar 2026AY 2015-16

Bench: Ms. Astha Chandra & Dr. Dipak P. Ripoteआयकर अपील सं. / Ita No.3279/Pun/2025 िनधा"रण वष" / Assessment Year: 2015-16 Sachin Mohanlal Chordia, V The Income Tax Officer, B-101, Isha Emerald, S. Ward-5(1), Pune. Bibwewdi, Kondhwa Road, Marketyard, Pune- 411037. Pan: Aanpc8554C Appellant Respondent Assessee By Shri Abhilash Hiran Revenue By Shri Amit Bobade & Shri Sanjay Dhivare (Virtual) Date Of Hearing 05/03/2026 Date Of Pronouncement 30/03/2026 आदेश/ Order Per Dr. Dipak P. Ripote, Am: This Is An Appeal Filed By The Assessee Against The Order Of Commissioner Of Income Tax (Appeal)(Nfac) U/S 250 Of The Income Tax Act 1961 For Ay 2015-16 Dated 22/10/2025 Emanating From Assessment Order U/S 147 Rws 144 Rws 144B Of The Income Tax Act Dated 22/05/2023. Findings & Analysis :

Section 147Section 148Section 148ASection 250Section 3

DEPUTY COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-20, DELHI , JHANDEWALAN vs. KRSKA CAPITAL PRIVATE LIMITED , DELHI

In the result the appeal of the Revenue is dismissed and the cross objection of the Assessee is allowed

ITA 4666/DEL/2025[2016-17]Status: DisposedITAT Delhi18 Mar 2026AY 2016-17

Bench: Shri Sudhir Kumar & Shri Manish Agarwalassessment Year: 2016-17

Section 132(4)Section 143(3)Section 147Section 148Section 68

SHAILESH KUMAR,NEW DELHI vs. CENTRAL CIRCLE- 27, NEW DELHI

In the result, Appeal of the Assessee is allowed

ITA 3641/DEL/2025[2015-16]Status: DisposedITAT Delhi18 Mar 2026AY 2015-16

Bench: Shri Yogesh Kumar U.S & Shri Amitabh Shuklashailesh Kumar Vs Acit W-82/1, Eastern Avenue, Sainik Central Circle-27 Farms, New Delhi Jhandewalan, New Delhi Pan: Afppk1645B (Applicant) (Respondent) Appellant By Sh. R. P. Mall, Adv Respondent By Ms. Ankush Kalra, Sr. Dr Date Of Hearing 26.02.2026 Date Of Pronouncement 18.03.2026 Order Per Yogesh Kumar, U.S. Jm: The Present Appeal Is Filed By The Revenue Against The Order Of Ld. Commissioner Of Income Tax (Appeals)-29, (‘Ld. Cit (A)’ For Short), New Delhi Dated 28/03/2025 For The Assessment Year 2015-16. 2. Brief Facts Of The Case Are That, Assessee Filed Its Return Of Income For The Year Under Consideration Declaring Income Of Rs. 18,18,380/-. An Assessment Order Came To Be Passed U/S 147 Of The Act On 30/05/2023 By Computing The Income Of The Assessee At Rs. 72,84,905/- As Against The Returned Income Of Rs. 18,18,380/-. Aggrieved By The Assessment Order Dated 30/05/2023, Assessee Preferred Appeal Before The Ld. Cit(A). The Ld. Cit(A) Vide Order Dated 28/03/2025, Dismissed The Appeal Of The Assessee.

Section 147Section 148Section 148ASection 149Section 149(1)Section 149(1)(b)Section 3(1)

ALOK KHATUA,CUTTACK vs. ITO, WARD-1(1), CUTTACK

In the result, the appeal of the assessee is allowed

ITA 154/CTK/2026[2020-21]Status: DisposedITAT Cuttack16 Mar 2026AY 2020-21

Bench: Shri George Mathan & Shri Rajesh Kumarassessment Year: 2020-21 Alok Khatua, Cuttack Ito, Ward-1(1), Cuttack Vs Madhupur, Belagachhia, Baranga, Cuttack-754005. (Pan: Eeypk6293H) (Appellant) (Respondent)

For Appellant: Shri S. K. Sarangi & Bishwa Jyoti Pattnaik, ARsFor Respondent: Shri Shakeer Ahamed, Sr. DR

Section 147Section 148Section 148A

PAWAN KUMAR CHANDRAKAR, DHAMTARI,DHAMTARI vs. ITO, WARD-DHAMTARI, DHAMTARI

Appeals of the assessee are allowed for statistical purposes as above

ITA 686/RPR/2025[2015-16]Status: DisposedITAT Raipur12 Mar 2026AY 2015-16

Bench: Shri Partha Sarathi Chaudhury, Jm & Shri Avdhesh Kumar Mishra, Am आयकर अपील सं. / Ita Nos: 685, 686 & 687/Rpr/2025 (िनधा"रण वष" Assessment Year: 2015-16) Pawan Kumar Chandrakar, Vs Income Tax Officer, Ward Dhamtari, Gandhi Chowk, Kurud, Shankardan Road, Village:Haraftarai, Dhamtari-493663, Chhattisgarh. Dhamtari-493773, Chhattisgarh. Pan: Aqdpc2033J (अपीलाथ"/Appellant) (""थ" / Respondent) : िनधा"रती की ओर से / Assessee By : Shri Veekas S Sharma, Ca राज" की ओर से / Revenue By : Dr. Priyanka Patel, Sr. Dr सुनवाई की तारीख / Date Of Hearing : 05/03/2026 घोषणा की तारीख / Date Of : 12/03/2026 Pronouncement आदेश / O R D E R Per Avdhesh Kumar Mishra, Am:

For Appellant: Shri Veekas S Sharma, CAFor Respondent: Dr. Priyanka Patel, Sr. DR

Section 144Section 147Section 148Section 148ASection 151ASection 2(14)(iii)Section 250

PAWAN KUMAR CHANDRAKAR, DHAMTARI, DHAMTARI vs. ITO,WARD-DHAMTARI, DHAMTARI

Appeals of the assessee are allowed for statistical purposes as above

ITA 685/RPR/2025[2015-16]Status: DisposedITAT Raipur12 Mar 2026AY 2015-16

For Appellant: Shri Veekas S Sharma, CAFor Respondent: Dr. Priyanka Patel, Sr. DR

Section 144Section 147Section 148Section 148ASection 151ASection 2(14)(iii)Section 250

VENKATESH,TIRUNELVELI vs. ITO, TIRUNELVELI

In the result, the appeal filed by the assessee is allowed for statistical purposes and the stay application filed by the assessee is dismissed

ITA 889/CHNY/2026[2019-2020]Status: DisposedITAT Chennai12 Mar 2026AY 2019-2020

Bench: Shri George George K & Shri S.R. Raghunathaआयकर अपील सं./Ita No.:889/Chny/2026 िनधा"रण वष"/Assessment Year: 2019-20 & S.A. No. 67/Chny/2026 [In Ita No. 889/Chny/2026] Shri Venkatesh, The Income Tax Officer, No.34-A, Baskaran Street, Vs. Ward 4, Tirunelveli Town S.O., Tirunelveli. Tirunelveli – 627 006. Pan: Akfpv 8799N (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri P. Gunasekaran, Ca ""यथ" क" ओर से/Respondent By : Ms. T.Mythili, Jcit सुनवाई क" तारीख/Date Of Hearing : 11.03.2026 घोषणा क" तारीख/Date Of Pronouncement : 12.03.2026 आदेश/ O R D E R Per George George K: This Appeal Filed By The Assessee Is Directed Against The Order Of Commissioner Of Income Tax (Appeals), National Faceless Appeal Centre (Nfac), Delhi, Dated 17.12.2025 Passed Under Section 250 Of The Income Tax Act, 1961 (Hereinafter Called ‘The Act’). The Relevant Assessment Year Is 2019-20. Ita No.889/Chny/2026 & :- 2 -: Sa No.67/Chny/2026 2. At The Very Outset, We Notice That The First Appellate Authority’S (Faa) Order Is Ex-Parte, Since There Was No Compliance From The Assessee To The Five Notices Issued From The Office Of The First Appellate Authority. Further, We Also Note That The Assessment Has Been Completed On Best Judgment Basis U/S.144 Of The Act.

For Appellant: Shri P. Gunasekaran, CAFor Respondent: Ms. T.Mythili, JCIT

Section 144Section 148ASection 250Section 69

INCOME TAX OFFICER, NON CORPORATE WARD 22(1), CHENNAI vs. EZHUMALAI, THIRUKAZHUKUNDRAM

ITA 4108/CHNY/2025[2019-20]Status: DisposedITAT Chennai12 Mar 2026AY 2019-20

Bench: Shri George George K, Vice- & Shri Inturi Rama Raoआयकर अपील सं. / Ita No.4108/Chny/2025 िनधा"रण वष" / Assessment Year: 2019-20 Income Tax Officer, V Ezhumalai, Non Corporate Ward- S 1123, Ponpatharkoodam, 22(1), Tambaram Gangai Amman Koil Street, Thirukazhukundram, Chengalpattu – 603405 Pan: Acipe8113C Appellant/ Revenue Respondent / Assessee Assessee By None Revenue By Ms. V Aswathy – Jcit Date Of Hearing 18/02/2026 Date Of Pronouncement 12/03/2026 आदेश/ Order Per Inturi Rama Rao, Am : This Appeal Filed By The Revenue Directed Against The Order Of Ld.Commissioner Of Income Tax(Appeal)[Nfac], Delhi

Section 120Section 143(2)Section 144Section 147Section 148Section 148ASection 250

RAMESHBHAI KARSHANBHAI MYATRA,GANDHIDHAM vs. ITO, WARD-1, GANDHIDHAM, GANDHIDHAM

In the result, the appeal of the assessee is allowed for statistical purposes

ITA 846/RJT/2025[2016-17]Status: DisposedITAT Rajkot09 Mar 2026AY 2016-17

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

For Appellant: Shri Mehul Ranpura, Ld. A.RFor Respondent: Shri Dheeraj Kumar Gupta, Ld. Sr. DR

Section 133ASection 139(1)Section 147Section 148Section 148ASection 250(6)Section 68

KASHYAP WIND & SOLAR ENERGY PVT. LTD.,JAMNAGAR vs. THE ITO WARD 1 (3) JAMNAGAR, JAMNAGAR

The appeal is dismissed

ITA 810/RJT/2025[2020-21]Status: DisposedITAT Rajkot09 Mar 2026AY 2020-21

Bench: DR. ARJUN LAL SAINI (Accountant Member), DR. DINESH MOHAN SINHA (Judicial Member)

For Appellant: Smt. Aastha Maniar, Ld. ARFor Respondent: Shri Dheeraj Kumar Gupta, Ld. Sr. DR

Section 144Section 147Section 148Section 148A

MINABEN SUDHIRBHAI SOMPURA,AHMEDABAD vs. THE ITO WARD-1 , SURENDRANAGAR

In the result, the appeal of the assessee is allowed

ITA 55/RJT/2025[2018-19]Status: DisposedITAT Rajkot09 Mar 2026AY 2018-19

Bench: Dr. Arjun Lal Saini & Dr. Dinesh Mohan Sinha

For Appellant: Shri Hem Chhajad, Ld. A.R

Section 147Section 148Section 148ASection 69

DCIT CIRCLE-4(1)(1), AHMEDABAD, VEJALPUR vs. SHREE NAKODA TEXFAB PRIVATE LIMITED, AHMEDABAD

In the result, the appeal filed by the Revenue is hereby dismissed

ITA 2232/AHD/2025[2017-18]Status: DisposedITAT Ahmedabad09 Mar 2026AY 2017-18

Bench: Shri T.R. Senthil Kumar (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

Section 143(3)Section 147Section 148Section 148ASection 68

KALPANA SANJAY PAWAR,MUMBAI vs. ITO WD-41(1)(2), MUMBAI

ITA 9047/MUM/2025[2017-18]Status: DisposedITAT Mumbai09 Mar 2026AY 2017-18

Bench: the Tribunal challenging the validity of the re-assessment proceedings raising, inter alia, the following grounds: "2. On the facts and circumstances of the case and in law, the learned Assessing Officer has erred in issuing the order under Section 148A(d) and the notice under Section 148 after obtaining the approval of the approval of PCIT-1, Mumbai which was not the correct 'specified authority' as per Section 151 who should have approved it when three years have already elapsed from the

For Appellant: Shri Aditya RamachandranFor Respondent: Ms. Deepika Arora

Section 1Section 144BSection 147Section 148Section 148ASection 151Section 151A

BASTI SAHKARI KRAYA CENTER VIKRAY SAMITI LIMITED,BASTI vs. ITO, BASTI

In the result, the appeal of the assessee is partly allowed for statistical purposes

ITA 539/LKW/2024[2015-16]Status: DisposedITAT Lucknow06 Mar 2026AY 2015-16

Bench: Shri Kul Bharat & Shri Anadee Nath Misshraassessment Year: 2015-16 Basti Sahkari Kraya Center V. Income Tax Officer Vikray Samiti Limited National Faceless Raja Bazar, Purani Basti, Basti- Assessment, New Delhi- 272002, Uttar Pradesh, India. 110001. Tan/Pan: Aacab0882G (Appellant) (Respondent) Appellant By: Shri Shailendra Mishra, Advocate Respondent By: Shri Amit Kumar, Cit-Dr O R D E R

For Appellant: Shri Shailendra Mishra, AdvocateFor Respondent: Shri Amit Kumar, CIT-DR

Section 144BSection 147Section 148Section 253(3)Section 69A