S. 263 : Commissioner-Revision of orders prejudicial to revenue-Failure of Assessing Officer to inquire loss on disposal of assets/expenditure-Assessing Officer duty bound to disallow expenditure which is not of revenue expenditure in P & L account-Revision is justified.[S. 37(1)]

S. 263: Commissioner-Revision of orders prejudicial to revenue-Assessing officer made enquiries-Contention of the PCIT that examination not done incorrect-Contention that A.O. had only one day to pass order invalid-Revision not Justified.[S. 143(2)]

S. 254(2): Appellate Tribunal-Rectification of mistake apparent from the record-Tribunal adjudicated appeal on merits-Failure to adjudicate legal ground-Mistake apparent from record-Miscellaneous application filed by Assessee allowed

S. 254(2): Appellate Tribunal-Rectification of mistake apparent from the record-Recall of order-Speaking order of Tribunal-Recall of observations-Beyond jurisdiction of Tribunal.

S. 254(1) : Appellate Tribunal-Powers-New ground-Validity of reassessment-Not challenged before lower authorities-Cannot be raised [S. 147, 148,ITATR,1963,R. 27]

S. 254(1):Appellate Tribunal-Powers-Commissioner (Appeals)-Procedure-Assessee sought for additional time for written submission-Not given reasonable opportunity-Matter remanded back to the AO for pass a denovo order. [S. 250]

S. 254(1) : Appellate Tribunal-Powers-Direction-Ex-parte order-Assessment-Unaccounted income-Long term capital gains-32,855 persons-Shell companies-Order on appeal-Direction to reopen cases of beneficiary and forward information to other investigating agencies-[S. 45 ,48, 68, 150, The Prevention Of Money-Laundering Act, 2002]

S. 254(1) : Apppellate Tribunal-Powers-Transfer-Any transaction involving the allowing of the possession of any immoveable property-Joint Venture (JV) agreement for construction of building-Capital gains-Matter remanded to CIT(A) [S. 2(47)(v),45 ,54F, Transfer of Property Act, 1882, S.53A]

S. 254(1) : Appellate Tribunal-Powers-Limitation-Condonation of delay-Assessee’s CA expired-Assesssee made aware only upon intimation of penalty order-Assessee, a cardiac patient undergone treatment-Sufficient cause-Delay condoned. [S. 253]

S. 253 : Appellate Tribunal-Appeals-Legacy Dispute Resolution-Assessee opting to settle dispute under Vivad Se Vishwas Scheme and obtaining Form 4 from Department-Withdrawal of appeal allowed-If dispute unresolved assessee shall be at liberty to approach Tribunal for reinstitution of appeal .[S. 254(1) Direct Tax Vivad Se Vishwas Scheme, 2020]