S. 245R : Advance rulings-Application-Transfer of shares in Indian Company by Non-Resident Companies to another Non-Resident Company-On facts, transactions prima facie to avoid capital gains tax in India-Applications not maintainable. [S. 245Q, 245R(2)]

S. 245D : Settlement Commission-Jurisdiction of Court-Doctrine of Forum Conveniens-Principal Commissioner and the Deputy Commissioners were with in jurisdiction of Karnataka High Court-Writ petition was dismissed on the ground of forum conveniens. [Art. 226]

S. 245C : Settlement Commission-Settlement of cases-No full and true disclosure of income-Rejection of application is held to be valid. [S. 245D, Art. 226]

S. 245C : Settlement Commission-Settlement of cases-Subsequent offer of additional income-No full and true disclosure of income-Application is not valid. [Wealth-tax Act, 1957, S. 17, 22D(1)]

S. 245C : Settlement Commission-Settlement of cases-Failure to disclose full and true income-Additional income-Order admitting the application is held to be erroneous. [S. 132, 153A, 245D(4), Art. 226]

S. 245C : Settlement Commission-Settlement of cases-Not maintaining proper accounts-No finding that there had been full and true disclosure of income-Order of settlement commission is not valid-Writ is maintainable against the order passed u/s. 245C of the Act. [S. 245D, Art. 226]

S. 245 : Refund-Set off of refunds against tax remaining payable-Demand which was stayed by orders of High Court and Appellate Tribunal-Adjustment of refund without intimation to the assessee is held to be not valid. [S. 143(1), Art. 226]

S. 244A : Refund-Interest on interest-Tribunal was not right in allowing the interest on interest on interest. [S. 237]

S. 220 : Collection and recovery-Assessee deemed in default-Pendency of appeal-Excess amount recovered-Assessing Officer restrained from recovering balance tax due till disposal of pending appeal. [S. 220(6), 237, 244A, 245, Art. 226]

S. 220 : Collection and recovery-Assessee deemed in default-Stay of demand-Order of Commissioner to pay 20 Per Cent. of total demand in 8 instalments-Default in payment of revised instalments-Mere failure of the authorities to recover any amount could not be considered as financial stringency-Writ petition was dismissed. [S. 220(3), Art. 226]