S. 194IA : Deduction at source-Immoveable property-Assessee in business of real estate-Percentage Completion Method-Tax deducted by buyer at the time of execution of deed-Assessee to produce certificates to substantiate tax deducted on income offered in earlier or current year-AO to carry out necessary verification-Matter remanded to lower authority.[S. 145]

S. 192 : Deduction at source-Salary-Difference between sums reported in 26AS and sums reported by assessee-To be examined by AO.-Matter remanded. [Form No. 26AS]

S. 192 : Deduction at source-Salary to partners-Not liable to deduction of tax at source. [S. 15, Explanation 2, 40(a)(ia), 40(b)(v)]

S. 153A : Assessment-Search-Warrant of authorization and panchanama clearly shows name of the assessee-Assessment proper. [S. 132]

S. 153A : Assessment-Search or requisition-Cash Credits-No incriminating material found during search-Unabated assessment-Addition is not sustainable. [S.68]

S. 151 : Reassessment-Sanction for issue of notice-Sanction of CIT instead of A/JCIT-Notice bad in law. [S. 147, 148]

S. 148 : Reassessment –Notice-Dissolution of Company-Company had been struck off from Register of Companies-Officially not intimidated to AO-Reassessment notice is valid.[S. 147]

S. 147 : Reassessment-With in four years-Income escaping assessment-No fresh material with AO to form opinion that income escaped assessment-Opinion based on incorrect basis-Proceeding on the basis of conjectures-Reassessment without jurisdiction. [S. 148]

S. 147 : Reassessment-After the expiry of four years-Validity-Assessee, Power of Attorney holder and selling land for owner-No evidence indicating land belonged to assessee-Assessment made in the hands of assessee not justified.

S. 145 : Method of accounting –Rejection of accounts-Net profit rate-Addition by applying net profit rate on total turnover-Accounts correct and complete-Loss suffered due to increase cost verifiable from books-Addition to be deleted.[S. 145(3)]