S. 263 : Commissioner-Revision of orders prejudicial to revenue-Assessing Officer calling for further details, making inquiry, examining issue-No discussion in the assessment order-Revision is not valid-Interpretation of taxing statutes-Change of law-Provision inserted from date in midst of financial year, falling within realm of procedural aspects of assessment is to be construed as prospective qua proceedings and not qua assessment year. [S.143(3)]

S. 251 : Appeal-Commissioner (Appeals)-Powers-Enhancement-Non application of mind-The AO to examine the documents and decide accordance with law.

S. 234B : Interest-Advance tax-Book profits-Capital gains before close of financial year-Directed to recompute interest [S.115JB, 234C]

S. 201 : Deduction at source-Failure to deduct or pay-Non-resident-Time-Notice issued more than six years from end of financial year in which transaction took place-Proceedings barred by limitation. [S. 195, 201(1A)]

S. 194IA : Deduction at source-Immoveable property-Joint venture development-Refundable security deposit paid to land owners adjustable against sale consideration-Permission to construction-No transfer of immovable property-Not liable to deduct tax at source on refundable security deposit. [S. 2(47)(v), 2(47)(vi), 201(1), 201(IA), Transfer of Property Act, 1882 S. 53A,)

S. 158BC : Block assessment-Undisclosed Income-Share application money-No incriminating material found during search-Addition is held to be not justified-Interest-Delay in filing return-No provision to charge interest beyond date of original assessment. [S.158BFA(1)]

S. 153D : Assessment-Search-Approval-Search-Charitable Trust-Siphoning off of funds by founder-Approval given without application of mind-Assessment null and void. [S. 10(23C), 12AA]

S. 153C : Assessment-Income of any other person-Search-Failure to file return-Assessment valid–Material found and seized during search pertaining to financial year 2007 having no bearing on determination of total income-Additions deleted. [S.132]

S. 153A : Assessment-Search-Brokerage on land transaction-Cash system of accounting-Addition cannot be made when the brokerage was not received. [S. 132]

S. 153A : Assessment-Agricultural land-No incriminating material was found in the course of search-Addition not sustainable.