S. 147 : Reassessment-After the expiry of four years-Failure to deduct tax at source-Issue not considered in the original assessment–Court cannot adjudicate disputed facts or go in to sufficiency of reasons for reopening-Reassessment notice is valid. [S. 9(1)(i), 40(a)(ia) 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Sale of land-Borrowed satisfaction-Non application of mind before issue of notice-Notice is held to be not valid. [S. 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Change of opinion-Short term capital gains-Dividend-Reassessment is held to be not valid. [S. 10 (38), 148]

S. 144C : Reference to dispute resolution panel-Transfer Pricing-Arm’s length price-Draft Assessment order mandatory-Not curable defects-Order quashed [S. 143(3), 271(1)(c)]

S. 144C : Reference to dispute resolution panel-Draft assessment order-Tribunal remanding the matter-Assessing Officer passing final order-Passing of draft order is mandatory-Order quashed and remanded. [S. 92CA(4), 143(3), 254(1), Art. 226]

S. 144C : Reference to dispute resolution panel-Arm’s length price-Remand by Tribunal-Order is valid-Entire procedure under section 144C need not be repeated. [S. 254(1), Art. 226]

S. 144B : Faceless Assessment-Natural justice-Final assessment order was passed before disposal of request for grant of time to file objections to draft assessment order-Order and notice was quashed. [S. 143(3) 156, 270A, 274, Art. 226]

S. 144B : Faceless Assessment-A notice-cum-draft assessment was to be issued and a personal hearing was to be accorded if there was variation in income-Notification issue by Central Board of Direct Taxes is binding on department-Order was set aside. [143(3), Art. 226]

S. 115JB : Book profit-Amendment in Law-Explanation 3-Not Applicable.

S. 115A : Foreign companies-Tax-Royalty-Different agreements-The assessee can opt to be either under statutory provisions or the Double taxation avoidance agreement-DTAA-India-USA [S.90]