S. 234E : Fee-Default in furnishing the statements-Delay in filing TDS statement up to 1 June 2015 would not attract fee under section 234E since amendment to section 200A of the Act enabling the AO to make adjustment on account of late filing fee while processing TDS return is prospectively effective from 1 June 2015. However, in case the delay is continuing from prior to 1 June 2015, fees shall be leviable from 1 June 2015 up to the date of filing the TDS return. [S. 200A]

S. 234C : Interest-Deferment of advance tax-No default on the part of the assessee in payment of advance tax as per returned income-Levy of interest is not justified.

S. 195 : Deduction at source-Non-resident-Interest neither paid nor claimed as an expense not subject to withholding tax-Limitation-Failure to deduct or pay-Order for the financial year 2010-11 was passed seven years after the end of the financial year is held to be barred by limitation. [S. 201(1), 201(IA), 201(3)]

S. 163 : Representative Assessee-AO passed an order holding Assessee as representative assessee/agent of the non-resident-TheTribunal held that Assessee’s status mentioned as individual as against representative assessee in the order giving effect to ITAT’s directions is a curable defect. [S. 45, 50C, 160(1), 292B]

S. 158BD : Block assessment-Undisclosed income of any other person-Notice was issued before receipt of seized material from the Assessing Officer of the searched person-Order was quashed. [S. 132, 132A]

S. 154 : Rectification of mistake-Adjustment of current year loss-Income declared u/s. 158D of the Act-Debatable issue cannot be rectified. [S. 158BD]

S. 154 : Rectification of mistake-Surrendered income-Survey-Business income-Increasing the rate of tax from 30 percent to 60 percent and levying surcharge and cess on undisclosed income is held to be not valid. [S. 68, 69, 69A, 69B, 69C, 69D, 115BBE, 131, 133A]

S. 153D : Assessment-Search-Approval-Non applicability of mind by the Addl. CIT-Approval was granted without application of mind-Order was quashed. [S. 153A]

S. 153D : Assessment-Search-Approval-Prior approval cannot be granted over the phone-Approval on fax/ email can be considered approval in law if it fulfils other requirements of law-Order passed before receiving the approval-Order is null and void. [S. 153A]

S. 153C : Assessment-Income of any other person-Search-No incriminating material was found during search-Statement of third party not sufficient to fasten any liability upon-Addition is deleted. [S. 131, 132]