S. 10B : Export oriented undertakings-Manufacture-Conversion of crude ore into iron ore concentrate fines amounts to manufacture-Entitle to benefit. [S. 2(29BA)]

S. 10B : Export oriented undertakings-Formed not by reconstruction-Entitle to exemption-Enhancement of claim during assessment proceedings-Direction of Tribunal is held to be justified- Deemed dividend-No accumulated profits- Deletion of addition is held to be justified. [S. 2(22)(e), 254(1)]

S. 10(10D) : Life insurance policy-Keyman insurance policy-Assignment of policy to employee-Amount received by employee on surrender or encashment taxable as perquisite. [S. 17(2)]

S. 10(10) : Gratuity-Increase in ceiling by amendment of payment of Gratuity Act with effect from March 29, 2018-Amendment not violative of provisions of constitution-Provision not applicable with retrospective effect. [S. 10(10)(ii), Payment of Gratuity Act, 1972, S 4(3), Art. 14, 226]

S. 271(1)(c) : Penalty-Concealment-Show cause notice-Charge not specified-Concealment of income or inaccurate particulars of income-Levy of penalty is not justified-Monetary limit less than 50 lakhs-Appeals of revenue was dismissed. [S. 253, 268A, 274]

S. 254(2A) : Appellate Tribunal-Stay-Cash credits-No case has been made for stay of recovery-Stay application is rejected. [S. 68, 220, 226]

S. 194J : Deduction at source-Fees for professional or technical services-Toll Free Telephone charges-Liable to deduct tax at source. [S. 9(1)(vii)]

S. 194C : Deduction at source-Contractors-Hiring of cab from cab owners-Liable to deduct tax at source-Matter remanded to the Assessing Officer to verify whether the recipients have paid the tax. [S. 40(a)(ia)]

S. 144C : Reference to dispute resolution panel-Speaking order-Functionally different-Remanded to DRP to pass speaking order. [S. 92C]

S. 144C : Reference to dispute resolution panel-Order passed without following the directions issued by Dispute Resolution Panel is null and void. [S. 144C(10)]