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)]

S. 144B : Faceless Assessment-Limitation-Eligible assessee-Directions of Dispute Resolution Panel-Date of uploading of order of Panel on ITBA Portal is deemed date of receipt by National E-Assessment Centre-Limitation to be reckoned from that date-Due date for framing final assessment order not automatically extended-Barred by limitation. [S.130, 144B(5) 144B(6)((v), 144C(13), Information Technology Act, 2000, S. 13]

S. 143(3): Assessment-Income from undisclosed sources-Sundry creditors-No discrepancy in purchase of gods or payment-Purchases and sales accepted-Entire addition of opening balance in sundry creditors is deleted. [S.133(6), 143(2)]

S. 143(3) : Assessment-Protective assessment-Lack of confirmation from parties sourcing funds for land purchase-Subsequent substantive assessment in hands of payers becoming final-Addition of same amount in hands of assessee is invalid.[S.69C, 153A]

S. 143(3) : Assessment-Search And Seizure-Unexplained cash credits-Creditworthiness, genuineness and identity proved-No evidence available for creditors in other assessment years from 2014-15 to 2018-19-Additions are deleted.[S.68, 132]