S. 143(3) : Assessment-Amalgamation-Intimated to Income-Tax Authorities-Notice and order in name of company which had ceased to exist-Not valid. [S. 144B, Art. 226]

S. 143(3) : Assessment-Bogus purchases-Income from undisclosed sources-Report of Sales Tax Department-Appeal dismissed by High Court-SLP of revenue is dismissed. [S. 69C, 145(3), 260A, Art. 136]

S. 143(3) : Assessment-Notice-Jurisdiction-High Court setting aside notice-Question of limitation is not to be raised-The High Court of the Orissa high court is modified. [S. 124(3), 142(1) 143(2)]

S. 119 : Central Board of Direct Taxes-Return-Delay in filing of return-Refund-Condonation of delay-Non-Resident-Aware of process of filing return of income-No genuine hardship or reasonable case fir late filing of the return-No violation of principles of natural Justice-Order sustainable. [S. 119(2)b), 139, 237 Art. 226]

S. 119 : Central Board of Direct Taxes-Return-Delay in filing-Refund-Condonation of delay-Ignorance of law was not an excuse-High Court holding that there was no genuine hardship or reasonable cause for late filing of return. [S. 119(2b), 237, Art. 136]

S. 92C : Transfer pricing-Arm’s length price-Avoidance of tax-International transaction-Management support service-Deletion of addition by the Tribunal is affirmed. [S. 260A]

S. 80P : Co-operative societies-Credit societies giving credit to own members-Eligible deduction. [S.80P(4), Banking Regulation Act, 1949, Art. 136]

S. 80P : Co-operative societies-Co-operative Bank-Entitled to deduction.[S.80P(2)(i), 80P(2)(d)]

S. 80HHC : Export business–Amendment in 1991 with Effect from 1-4-1992 is prospective-Sale of shares-Business income-to be included in total turnover-Interest earned from deposit of surplus funds in banks–Income from other sources”-to be excluded in computation of deduction. [S. 56, 80HHC(3)]

S. 72A : Carry forward and set off of accumulated loss and unabsorbed depreciation-Amalgamation-Demerger-Sale of windmills-SLP of Revenue is dismissed. [S. (2(19aa), 32, 72A(4)]