Section 69D of the Income Tax Act

Income-tax Act, 2025: s.106

Section 69D of the Income-tax Act, 1961 corresponds to section 106 (Amount borrowed or repaid through negotiable instrument, hundi, etc) of the Income-tax Act, 2025.

Read section 106 of the 2025 Act

Correspondence checked against the ICAI tabular mapping of the two Acts and the BharatTax.co section commentary.

The decision most relied on for Section 69D is CIT v. Rajasthan Financial Corporation (134 CTR 145), cited in 19 of the 184 judgments on BharatTax that turn on this section.

Leading authorities on Section 69D

CIT v. Rajasthan Financial Corporation
134 CTR 145 · 1996 · High Court
19
citing judgments

An Assessing Officer's decision allowing a claim based on the assessee's detailed written explanation and inquiries made during assessment cannot be deemed erroneous simply because the order lacks elaborate discussion on the matter.

ITO 20(2)(5), Mumbai v. Smt. Pratima Ashar
107 Taxmann.com 135 · 2019 · ITAT
17
citing judgments

The Income Tax Appellate Tribunal (ITAT) considers arguments regarding additions made under Section 68 of the Income Tax Act, concerning loans and share application money, and arguments against such additions on merits. The tribunal's decisions often rely on the findings of lower authorities, including the Assessing Officer (AO) and Commissioner of Income Tax (Appeals) (CIT(A)).

Dr Prakash Tiwari v. CIT
160 Taxmann.com 83 · 2024 · High Court
15
citing judgments

An assessment order is not bad in law solely for failing to specify the section under which an addition is made, provided the addition is justified on merits.

DCIT v. Hetal Nitin Shah
159 Taxmann.com 1618 · 2024 · ITAT
8
citing judgments
Chemicon Engineering Consultant (P.) Ltd. v. ACIT
142 Taxmann.com 297 · 2022 · Reported
7
citing judgments
Principal\nCommissioner of Income-tax-2, Thane v. Shree Rajlakshmi Textile\nPark (P.) Ltd.
113 Taxmann.com 2 · 2020 · High Court
5
citing judgments
CIT v. Ram Niwas
170 Taxmann 5 · 2008 · High Court
5
citing judgments
COMPANY v. COMMISSIONER OF INCOME-TAX, MYSORE
112 ITR 12 · 1978 · Reported
4
citing judgments

Judgments on Section 69D