S. 145 : Method of accounting-Bank-Guidelines of Reserve Bank of India-Unreconciled outstanding amounts in inter branch accounts transferred to reserves through profit and loss account-Amount not assessable as Income [ S.28(i), Banking Regulation Act, 1949]

S. 143(3) : Assessment-Income from undisclosed sources-Cash deposits not explained–Addition is held to be justified. [S. 69]

S. 143(3) : Assessment-Income from undisclosed sources- Purchase of property-Source of funds was not explained satisfactorily-Reduction of addition by Tribunal is held to be not justified.[S. 254(1)]

S. 143(3) : Assessment–Income from undisclosed sources–real estate business-Purchase of land–Alleged cash receipts-Price of the land was paid with other entries in the bank and there was nothing to show that a cash was received in excess of the agreement–Deletion of addition is held to be justified.[S. 69]

S. 115JB : Book profit-Capital gains-Adjusted book profits eligible for benefit under S.54EC. [S. 45 54EC, 115JA(4), 115JA(5)]

S. 92C : Transfer pricing–Arm’s length price–Comparable-Unless ex facie perversity in the findings of the Tribunal is established-Appeal is not maintainable.[S. 260A]

S. 92C : Transfer pricing–Arm’s length price–Comparable–No question of law. [S. 260A]

S. 80IA : Industrial undertakings–Infrastructure development- Maintaining and operating railway sidings under agreement with principal contractor who had entered into agreement with railways and recognised by railways as transferee- Entitle to deduction-Object and intent of legislature is considered. [S. 80IA(4)]

S. 80HHC : Export business-Total turnover-Entire turnover of business – Donation for scientific research cannot be excluded. [S.35(1)(ii), 80GGA]

S. 69B : Amounts of investments not fully disclosed in books of account –Addition is held to be not justified solely on the basis of photocopy of agreement between two other persons which was seized during search of third party. [S. 132, 513A]