S. 220 : Collection and recovery-Assessee deemed in default-Stay-Application for stay cannot be rejected without giving reasons-Directed to withdraw the attachment of bank accounts forthwith. (S. 226(3), Art. 226]

S. 220 : Collection and recovery-Assessee deemed in default-High pitched assessment-Pendency of appeal before Commissioner (Appeals-Discretionary powers-Parameters to be complied with by Authorities on stay applications-Instructions of Central Board Of Direct Taxes binding on Authorities-Stay of demand granted till disposal of Appeals by Commissioner (Appeals)-First Appellate Authority has inherent powers to grant stay. [S. 143(3), 153A, 156, 220(3), 220(6), 246A, 251(1), Art, 226]

S. 195 : Deduction at source-Non-resident-Share purchase agreement guarantor-No obligation to deduct tax at source. [S. 201, Art, 226]

S. 179 : Private company-Liability of directors-Assessment order against company set aside-Order not valid. [Art. 226]

S. 154 : Rectification of mistake-Cash Credits-Rejection of rectification was held to be valid. [S. 40((a)(ia), 69, Art, 226]

S. 151 : Reassessment-Sanction for issue of notice-After the expiry of four years-Commissioner has to apply his mind and cannot pass order mechanically-Notice quashed and set aside. [S. 147, 148, Art, 226]

S. 149 : Reassessment-Time limit for notice-Date when digitally signed notice is entered in computer-Notice barred by limitation. [S. 147, 148, 282, 282A, Information Technology Act, 2000, S. 13, Art. 226]

S. 149 : Reassessment-Time limit for notice-Notice issued after expiry of limitation-Defect not curable-Notice not valid. [S. 143(2), 292BB]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Notice issued under Section 148 on 16-4-2021-Not Valid. [S. 148, Art, 226]

S. 148A : Reassessment-Conducting inquiry, providing opportunity before issue of notice-Public sector undertaking-Input tax credit fraud-Proceedings stayed until further orders. [S. 148, Art, 226]