S. 271(1)(c) : Penalty-Concealment-Not recording of satisfaction-Order of Tribunal quashing the reassessment proceeding was affirmed.

S. 264 : Commissioner-Revision of other orders-Conversion of immoveable property in to stock in trade-Shown as capital gains-Matter remanded to Commissioner. [S. 5A, 143(1), Art. 226]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Made enquiries and dropped reassessment proceedings-Possible view-Revision is held to be not valid. [S. 11, 12A, 80G, 139(4A), 147, 148]

S. 254(1) : Appellate Tribunal-Duties-Pronouncement of orders-Repeated adjournments for orders or for pronouncement of judgment where arguments have been heard and orders have been reserved would not be permissible even during lockdown. [S. 260A, Order XII, Rule 6 of CPC]

S. 251 : Appeal-Commissioner (Appeals)-Powers-Inadvertently omitted to make claim for deduction under section 10B-All necessary facts were already on record-CIT (A or Appellate Tribunal ought to have entertained claim-Unlike an ordinary appeal, basic purpose of a tax appeal is to ascertain correct tax liability of assessee in accordance with law-Matter remanded. [S. 10B, 250, 254(1)]

S. 250 : Appeal-Commissioner (Appeals)-Stay-Commissioner (Appeals) was directed to decide appeal and stay application without asking for deposit of 20 per cent of tax demand. [S. 226 (6), 249, Art. 226]

S. 220 : Collection and recovery-Assessee deemed in default-Stay-Attachment of bank account is to be limited to 20 percent of demand. [S. 220 (6), Art. 226]

S. 220 : Collection and recovery-Assessee deemed in default-Stay of demand-Loan-Stay was granted subject to 20 percent payment of tax in dispute. [S. 68, 220(6), Art. 226]

S. 199 : Deduction at source-Credit for tax deducted-Issue of manual 26A-Assessee was directed to approach department by making application enclosing Form 16A and department would consider claim of assesse. [Form 16A, 26A, Art. 226]

S. 179 : Private company-Liability of directors-Notice was silent regarding fact that tax dues could not be recovered from company and, further, there was no whisper of any steps being taken against company for recovery of outstanding amount-Notice against assessee was set aside. [Art. 226]