S. 154 : Rectification of mistake-Mistake apparent from the record-Intimation-Appeal against intimation withdrawn on ground return selected for scrutiny-Regular assessment on scrutiny made without taking into account disallowances proposed in intimation-Rectification order in respect of delayed deposit of employee contributions to the provident fund and employees Stat Insurance-Change of law-No merger of orders passed under intimation and regular assessment-Rectification is proper.[S.143(1), 143(3)]

S. 153C : Assessment-Income of any other person-Search-Unabated assessment-No incriminating material found during search-Addition based on loose sheets is unsustainable.[S. 132, 132(4), 153A]

S. 153A: Assessment-Search-No incriminating material is found-Addition is deleted. [S. 148]

S. 153A : Assessment-Search-Cost of construction of hotel building-Original assessment completed and not abated on date of search-No incriminating material is found-Reference to Departmental valuation officer is not valid-Addition is deleted-Cost of construction of hotel building prior to commencement of hotel business-Capital invested by shareholders-Addition is deleted. [S. 69, 132, 143(2)]

S. 153A: Assessment-Search-Bogus purchases and sales-No evidence was found during search or in course of assessment proceedings to prove sellers and buyers bogus-Profit estimated on unproved purchases and 5 Per Cent. profit on unproved sales is held to be not proper.[S.69C]

S. 147 : Reassessment-Accommodation entries-Information based on search action-Reassessment is valid-Depreciation-Disallowance is justified-Income from undisclosed sources-Addition is justified. [S. 32(1)(ii), 143(1), 148]

S. 144C : Reference to dispute resolution panel-Eligible assessee-Draft assessment order-Assessing Officer in final order not empowered to make any other addition not proposed in draft assessment order. [S. 144C(1), 144C(5), 114C(13)]

S. 144C : Reference to dispute resolution panel-Non-Resident-Permanent Establishment-Matter remanded to DRP-DTAA-India-USA [S. 143(3), Art. 5(4)]

S. 144C : Reference to dispute resolution panel-Eligible assessee-Draft assessment order-Assessing Officer passing final assessment without passing a draft assessment order-Final assessment order invalid.[S.144C(13)]

S. 144C : Reference to dispute resolution panel-International Transactions-Eligible assessee-Remand by Tribunal with direction to consider additional ground raised by assessee-Assessing Officer passing final assessment order without passing order is void ab initio.[S. 254(1)]