S. 253 : Appellate Tribunal–Monetary limits-Tax effect less than prescribed limit-Circular is applicable to pending appeals. [S. 268A]

S. 250 : Appeal-Commissioner (Appeals)-Duties–CIT(A) to state point in dispute–Record reasons-Pass speaking order–Matter remanded to decide on merits. [S. 250(6)]

S. 250 : Appeal-Commissioner (Appeals)-Sales commission-Statement of facts before CIT(A)–CIT(A) is bound to adjudicate the Deduction at source-issue on merits. [S. 9(1)(vii), 40(a)(i), 195, 250(6)]

S. 234A : Interest-Default in furnishing return of income-Search and Seizure-Levy of interest mandatory-No waiver of interest. [S. 153A, 234B, 234C]

S. 234A : Interest-Default in furnishing return of income-Advance tax–Interest is chargeable is with reference to returned income and not assessed income. [S. 234B]

S. 154 : Rectification of mistake–Capital or revenue-Fees paid to Registrar of companies-Not considering the Judgement of supreme Court– Rectification is held to be proper. [S. 37(i)]

S. 154 : Rectification of mistake-Penalty-failure to file return-Two views possible-Rectification is not permissible. [S. 139(1), 139(4), 271F]

S. 154 : Rectification of mistake–Limited scrutiny-Fair market value of property-Reference to departmental valuation officer-Not obtaining the approval of competent authority–Rectification proceedings is held to be invalid. [S. 143(1)]

S. 153C : Assessment-Income of any other person-Search-Six Assessment years to be considered with reference to date of handing over of assets or documents to AO of Assessee-AO initiating proceedings only for AY. 2006-07 to 2011-12,instead of AYs 2008-09 to 2013-14-Assessment order is not valid.

S. 153C : Assessment-Income of any other person-Search-Addition only on basis of Pen Drive seized from third party-Department failing to establish any connection either business or personal of assessee with third party-No efforts to summon third party-No Incriminating material found during search-Addition is not valid. [S. 68, 132]