S. 147 : Reassessment -With in four years-Donation-CSR expenditure-Change of opinion-Reassessment notice and order disposing the objection is quashed-SLP of revenue dismissed for failure to explain gross delay of 268 days. [S. 37(1), 80G, 147, 148, Art. 136]

S.147: Reassessment- Unexplained investments-Low tax effect-Report of enquiry Commission -Miscellaneous application- Three weeks time to get further instructions was to be granted to both assessee and revenue as jointly prayed for.[S. 268A, Art. 136]

S. 147 : Reassessment-Cash credits-Change of opinion- Delay of 185 days in filing SLP-SLP of revenue dismissed on account of delay and also on merits. [S. 68, 148, Art. 136]

S.147: Reassessment-After the expiry of four years-Business loss-Stock broking-Change of opinion- Order of High Court quashing the reassessment order was affirmed-SLP of revenue dismissed. [S. 28(i), 148, Art. 136]

S. 143 (3): Assessment-Show cause notice-Writ petition was dismissed with cost of Rs.25000, which is payable to Tata Memorial Hospital. [Art. 226]

S. 143(3) : Assessment-Assessment order was passed manually without mentioning Document Identification Number (DIN)-Alternative remedy -Writ petition was not maintainable. [Art. 226]

S. 119 : Central Board of Direct Taxes-Circular- Property held for charitable purposes-Form No 10B field manually within prescribed time-Delay in electronically uploading the form-Affidavit of Chartered Accountant-Delay is condoned-Directed to grant exemption. [S. 11, 139(9), Form No.10B, Art. 226]

S. 92C : Transfer pricing-Arms’ length price-Avoidance of tax -International transaction-TNMM- While determining ALP of international transactions, benchmarking should be done only on associated enterprise or related party transactions and not with respect to entire turnover.[S. 260A]

S. 92C : Transfer pricing-Arms’ length price-Avoidance of tax -International transaction- Business of distribution of solar products- There was no value addition done by assessee on products purchased and subsequently sold by it. On facts, assumption of TPO was erroneous and RPM was most appropriate method-Order of Tribunal affirmed. [S.92CA, 260A]

S. 92C : Transfer pricing-Arms’ length price– Avoidance of tax -International transaction-Gross delay of 434 days in filing SLP had not been satisfactorily explained by revenue- SLP of revenue dismissed.[Art. 136]