S. 144C: Reference to dispute resolution panel-Amalgamation-Non-existent entity-Draft assessment order was passed in the name of a non-existent entity despite the Assessing Officer having been duly informed of amalgamation-Void-ab-initio. [S. 144C (5),292B]

S. 143(3): Assessment-Limited Scrutiny-Depreciation-Goodwill-Increase in share capital-Assessing Officer could not have enlarged scope of limited scrutiny to full scrutiny without prior approval of Jurisdictional Commissioner-Addition made by Assessing Officer disallowing depreciation on goodwill was quashed.[S. 32, 143(2)]

S. 143(1)(a): Assessment-Intimation-Prima facie adjustment Leave encashment-CPC, while processing a return under section 143(1) cannot make any adjustment without issuing any prior intimation as contemplated under the first proviso to section 143(1)(a).[S.10(10AA(ii)]

S. 124: Jurisdiction of Assessing Officers-Reassessment –Notice-Transfer of case-AIR information-Purchase of property-ITO, Bareilly issued notice-Not designated Assessing Officer-Mere mention of a Bareilly address in sale deed could not confer jurisdiction-Notice was quashed as beyond jurisdictional competence and therefore non-est in law-Assessment order was quashed. [S. 124, 144, 147, 148]

S.92BA: Transfer pricing-Specified domestic transaction-Arm’s length price-Avoidance of tax-Firm-Partner-Capital contribution from partner-Failure to give comparable-Assessing Officer valued at a lower rate based on cost of construction-Addition was affirmed.

S.89A: Relief from taxation in income from retirement benefit account maintained by notified country-Denial of relief-Filed Form No. 10EE for assessment year 2022-23-Option exercised therein would continue to apply to all subsequent years-It would not be mandatory for assessee to file said Form afresh for every assessment year to claim relief under section 89A.[R. 21AAA, Form No 10EE]

S. 80P: Co-operative societies-Interest from Nationalised banks-Income from other sources-Proportionate expenditure-The matter was remanded to the file of the Assessing Officer for verification. [S. 56, 57, 80P(2)(d)]

S. 80JJAA: Employment of new workmen –Form No.10DA-Filed along with revised return-Report of accountant in Form No. 10DA was available before the Assessing Officer at the time of processing the revised return-Entitled to claim deduction-Matter was remanded for limited verification.[S.139(1), Form No 10DA]

S. 80IB(10) : Housing projects-Delay in completion of project-Additional evidence obtained under RTI Act-Matter was to be remanded to Assessing Officer to decide issue afresh after considering additional evidence and granting due opportunity to assesse.[S.115JC]

S. 80G: Donation-CSR expenditure-Entitled to deduction even if the amount was donated under CSR expenses.[S.37(1), 80G(2)(iiihk), 80G(2) (iiihI), Companies Act, 2013, S.135]