S. 147 : Reassessment-Limited scrutiny on issue of cash deposits-Enquiries made and detailed replies filed-No assessment order passed-Assessment time-barred-Reassessment on same issue impermissible and without jurisdiction-Proceedings quashed .[ S. 69A, 143(2) , 143(3. 148 , 153 ]

S. 147: Reassessment-Survey Borrowed satisfaction-Reasons recorded on wrong facts without application of mind-Reassessment is bad in law . [ S. 133A, 148(2) ]

S. 147 : Reassessment-Transactions on stock exchange-Client code modification-Fictitious losses-Name of broker facilitating client code modification not mentioned in reasons recorded-Reassessment is quashed. [S. 148]

S. 145 : Method of accounting-Builder-Rule of consistency followed-Percentage of completion method-Accounting Standard Guidance note not notified by Central Government-Assessing Officer not right in recomputing profitability of Assessee. [ S. 145(2) ]

S. 144C: Reference to dispute resolution panel-Limitation-Company amalgamated with assessee and ceasing to exist-Fact of amalgamation intimated to department-Order of Transfer Pricing Officer and draft assessment order issued in name of non-existing company-Invalid-Directions of Dispute Resolution Panel and final assessment passed in name of assessee-Not valid-Assessee ceasing to be eligible assessee and reduced time-limit for assessment-Assessment is barred by limitation .[ S.92CA (3)

S. 144C: Reference to dispute resolution panel-Transfer pricing-Reference to Transfer Pricing Officer-Arm’s Length price-Avoidance of tax-Remand order-Order passed by Assessing Officer giving effect to order of Dispute Resolution Panel without understanding Tribunal’s order-Matter remanded to Assessing Officer for adjudication afresh. [S. 92CA]

S. 144C : Reference to dispute resolution panel-International Transactions-Arm’s Length Price-Limitation-Period of sixty days to be counted from day prior to date on which period of limitation for assessment expires-Order barred by limitation-Order non est-Ceased to be eligible assessee-Draft assessment order, directions of Dispute Resolution Panel and final asessment order void ab initio-Tribunal has the power to admit additional ground on limitation . [ S.92CA(3) 153 , 254(1) ]

S. 143(3) : Assessment-Amalgamation of companies-Income taxed merely on basis of details in Form 26AS of erstwhile company-Assessing Officer is directed to adjudicate afresh after examination of details furnished by assessee and details in Form 26AS-Deduction only on actual payment-Gratuity-Allowability of gratuity restored to Assessing Officer for de novo adjudication.[S. 43B]

S. 143(3) : Assessment-Jurisdiction of Authorities-Instruction of Board that non-corporate assessees in Metro cities declaring income up to Rs. 20 Lakhs to be assessed by Income-Tax Officer-Returned income of assessee Less Than Rs. 20 Lakhs-Assessment Completed By Deputy Commissioner without jurisdiction-Instruction No. 1 of 2011, Dated 31-1-2011.

S. 143(2): Assessment-Notice-Mandatory-Failure to issue notice-Assessment is null and void. [S. 143(3), 147, 148]