S.147: Reassessment — Return submitted — Notice on ground that returns had not been submitted — Loan transactions accepted in original assessment —Notice seeking to assess outstanding liability as income from other sources — Held to be not valid [ S. 56, 148 , Art .226 ]

S.147: Reassessment —Book profit – Provision for bad and doubtful debt- Oder of the AO was in accordance with the judgement of the Supreme Court – Subsequent retrospective amendment withdrawing deduction — Notice based on amendment is held to be not valid .[ S. 115JA , 115JB 148 ]

S.147: Reassessment-After the expiry of four years- One year with in four years- Audit objection – Amortisation of programme/movie cost and deduction of tax on foreign remittances- No failure to disclose material facts-Reassessment notice is not valid .[S.148 ]

S. 144C : Reference to dispute resolution panel – Provision Applicable From Assessment Year 2011-12 – Insertion of S .144C By Finance (No. 2) Act Of 2009 — Provision applicable from assessment Year 2011-12 — Circular In 2013 stating that provision would be applicable from October 2009 is held to be not valid .

S.143(3) : Assessment -Income from undisclosed sources — Deletion of additions based on facts —Held to be justified . [ S.132 ]

S. 143(2) : Assessment – Notice – Defective return- Rectification of defects relates back to date of original return – Original return was filed on 10-09- 1996 – Defects removed on July 7, 2017- Notice u/s 143(2) was issued on August 9, 2018- Barred by limitation [ S.139 (1) 139(9) ,143(3) ]

S. 127 : Power to transfer cases – Transfer Of Assessments for purpose of Co-ordinated investigation — Reasons not disclosed in orders of transfer — Orders set aside.[ S.132 ,133A]

S.115WC: Fringe benefits tax — Constitutional validity- Parliament had power to enact Chapter Xii-H under entry 97 of Seventh Schedule to Constitution of India —Not violate of Article 14 of Constitution of India . [ Art , 14 ]

S. 80JJA : Bio-degradable waste – Collecting and processing – Deduction allowed for four consecutive years —Deduction cannot be denied for fifth year.

S. 80IA :Industrial undertakings – Production of power —Energy – Power would Include steam – Steam produced can be termed as power and would qualify for the benefits . [ S.80IA(4) ]