S.2(14)(iii): Capital asset-Agricultural land-Beyond 8 kms from municipal limits of Gurgaon and filed certificate from Nayab Tehsildar-Land could not be treated as a capital asset under section 2(14)-Accepted in co-owner-Not assessable as capital gains. [S. 2(14), 45]

S. 2(14)(iii) : Capital asset-Capital gains-Agricultural land-16 kms from municipality-Cultivation of groundnut-certificate from Village Administrative Officer-Exempt from taxation. [S. 45]

S. 281B: Provisional attachment-Additions were set aside-Entire arrears were paid-The tax recovery officer was directed to release attached property.[S. 153A, 153C, 225, 226, Art. 226]

S. 220: Collection and recovery-Assessee deemed in default-No wilful disobedience of earlier court order-Contempt proceedings were dropped. [Contempt of Courts Act, 1971, S. 2(b)]

S. 153A : Assessment-Search or requisition-Unabated assessment-No incriminating material found-Order of Tribunal deleting the addition was affirmed. [S. 260A]

S. 151A: Faceless assessment scheme-Reassessment proceedings were initiated by the jurisdictional Assessing Officer-Reassessment notice and consequential proceedings were quashed. [S. 148, 148A(b) 148A(d), Art. 226]

S. 151A : Faceless assessment scheme-Interlocutory application seeking restoration of SLP was allowed and restored to its original number on file-Sanction to issue of notice-Reassessment was initiated after the expiry of three years-Interlocutory application seeking restoration of SLP was to be allowed and restored to its original number on file. [S. 148, 151, Art. 136]

S. 149 : Reassessment-Time limit for notice-Validity of a notice must be judged on the basis of the law existing as on the date on which the notice was issued u/s 148-Reassessment notice dated 31-7-2022 was barred by limitation-SLP of revenue was dismissed. [S. 148, 148A(b), 148A(d), Art. 136]

S. 149: Reassessment-Time limit for notice-validity of a notice must be judged on basis of law existing as on date on which notice was issued under section 148-Order passed under section 148A(d) and notice issued under section 148 were quashed on ground of limitation-Issue is covered in the case UOI v. Rajeev Bansal [2024] 301 Taxman 238 (SC)-Assessing Officer was directed to dispose of objections of assessee accordingly.[S. 148, 148A(b), 148A(d), Art. 136]

S. 148A: Reassessment-Conducting inquiry, providing opportunity before issue of notice-Cash credits-Demonetization-Reasons recorded are contrary to facts-Notice and order under section 148A(d) are quashed and set aside.[S. 68, 148, 148A(b), 148A(d), Art. 226]