S. 148 : Reassessment – Notice – Valid service of notice is not mere procedural requirement , it is a condition precedent to validity of any assessment or reassessment – If notice issued is shown as invalid , subsequent proceedings shall be illegal – Service by affixture – Reassessment was quashed as the service of notice was not proper as per the law as per Order V, Rule 12, Rule 17, rule 19, Rule 20(1) and Order III, Rule 2 of the Code of Civil Procedure 1908 . [ S. 147, 149, 282 ]

S. 147 : Reassessment – Cash credits – Information from investigation wing – Merely on the basis of information from investigation wing without any further verification reassessment is bad in law [ S.68, 148 ]

S. 144C : Reference to dispute resolution panel – Draft order was not signed and stamped by the Assessing Officer- Order is not invalid [ S. 143 ( 3) , 292B]

S. 144C : Reference to dispute resolution panel – Time barred objections –DRP rejected the application as time barred – Assessing Officer is required to complete the assessment with one month from end of month in which period of filing of objections under sub-section (2) expires— Assessment order is barred by limitation [ S.92CA, 144C (2) , 144C(3) 144C (13) ]

S. 133A :Power of survey –Excess stock – Surrender in the course of survey – Merely on the basis surrender made in the course of survey addition is held to be not justified- Estimated addition on net profit was also deleted . [ S.143 (3)]

S. 92C : Transfer pricing – Arm’s length price – CUP method – Matter remanded for fresh adjudication .

S. 92C : Transfer pricing – Arm’s length price – TNMM – Adjustment in the Manufacturing segment of the assessee- Matter remanded to the Assessing Officer -Claim under section 10A/10B is directed to be allowed on stand alone basis . [ S.10A, 10B ] S. 92C : Transfer pricing – Arm’s length price – TNMM – Adjustment in the Manufacturing segment of the assessee- Matter remanded to the Assessing Officer -Claim under section 10A/10B is directed to be allowed on stand alone basis . [ S.10A, 10B ]

S. 92C : Transfer pricing – Arm’s length price – Service was rendered – Addition was deleted .

S. 80P : Co- operative societies – The activities of the assessee are interlinked with the activities of the primary co-operative societies – Entitle to deduction [ S.80P(2)]

S. 69B : Amounts of investments not fully disclosed in books of account –Burden is on the revenue to prove – Merely on the basis of stamp valuation addition cannot be made . [ S. 45, 48, 50C(2), 69 ]