S. 226 : Collection and recovery-Garnishee proceedings-Criminal proceedings against assessee with reference to particular amount-Money in excess in Bank can be adjusted towards tax dues of assessee. [S. 226(4), Code of Criminal Procedure code, 1973, S. 451, 457, Indian Penal Code 1860, S 120B, 420, Art. 226]

S. 226 : Collection and recovery-Modes of recovery-Stay of recovery-Pendency of appeal before CIT(A)-Alternative remedy-Directed to approach the Assessing Officer for stay-Writ is not maintainable. [S. 220(6), 246, 246A, Art. 226]

S. 154 : Rectification of mistake-Expenditure on account of stores and spares-Omission to make addition in the assessment order-Income assessed as income from other sources and not as business income-Rectification is held to be valid. [S. 28(1), 37(1), 56]

S. 154 : Rectification of mistake-Loss return-One day delay in filling of return-Mistake must be obvious-Assessment order passed without considering the delay in filing of return-Mistake which could be rectified-Liberty given to the assessee to file an application before CBDT. [S. 80, 119(2)(b), 139(3)]

S. 153A : Assessment-Search or requisition-Warrant of Authorisation-Effect of amendment of Section 132(1) by Finance (No. 2) Act, 2009-Amendment has retrospective effect from June 1, 1994 and is clarificatory-Additional Director of Income-Tax had Authority to issue warrant of authorisation-Without incriminating material proceedings u/s 153A is not valid. [S. 132]

S. 147 : Reassessment-Arithmetical mistake-Issue subject matter of appeal before CIT(A)-Reassessment invalid-Electricity duty short provision of interest on Government loan-Deletion of addition is held to be justified. [S. 43B, 148]

S. 147 : Reassessment-With in four years-Failure to deduct tax at source-Foreign currency loan guarantee-Reassessment notice was held to be valid. [S. 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Objections to notice-Order disposing the objections must be passed by passing speaking order-Order disposing the objection was set aside. [S. 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Survey-Excess claim for exemption-Alternative remedy-No conclusive finding on validity of the reassessment notice-Order of single judge is reversed-Directed to pursue the statutory remedy. [S. 10B, 133A, 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-Facts disclosed were incorrect-Reassessment notice was held to be valid. [S. 148, Art. 226]