S. 263 : Commissioner-Revision of orders prejudicial to revenue-Capital gains-Sale of immovable property and purchase or construction of new residential property-Information required under notices, and replies submitted leaving no doubt as to the adequacy of inquiry caused by AO-No substance to conclude assessment order is erroneous-The revision order is not sustainable. [S.54]

S. 254(1) : Appellate Tribunal-Powers-Departmental representative is not permitted to set up an altogether a new case.[S. 15, 17(3)(i)]

S. 254(1) : Appellate Tribunal-Powers-Additional evidence-Admitted-Internal TNMM method-Segmental financial statement certified by independent accountant admitted as additional evidence-Additional evidence to be admitted for substantial justice. [S. 40A(2), ITAT Rule 29]

S. 254(1) : Appellate Tribunal-Powers-Revision of orders prejudicial to revenue-Condonation of delay of 2359 days-CIT directed the AO to pass fresh order following decision of Supreme Court in the case of CIT v. A. Gajapathy Naidu (1964)53 ITR 114(SC)-The AO passed order without following this direction-CIT(A) dismissed the appeal against the order of the AO on the ground that the appeal was not maintainable-Tribunal held that appeal was maintainable and considering facts of the case, condoned delay of 2359 days and restored the matter to the file of the AO. [S. 155(16), 263]

S. 251 : Appeal-Commissioner (Appeals)-Powers-Appeal cannot be dismissed on account of non-prosecution-Order is set aside and directed to decide on merits. [S. 246A, 251 (2)]

S. 250 : Appeal-Commissioner (Appeals)-Procedure-Duty-Duty to state point for determination, his decision thereon and clear reasons therefor-Transfer pricing-International transactions-Arm’s length price-Not analysing quid pro quo from evidence brought on record and recording independent findings thereon-Order is set aside and matter remanded to CIT(A) for passing speaking order.[S.92CA(3), 250(6), 251(1)(a)]

S. 249 : Appeal-Commissioner (Appeals)-Form of appeal and limitation-Advance tax-Merely on technical ground, appeal before Commissioner (Appeals) could not have been dismissed. [S.249(4)(b)]

S. 249 : Appeal-Commissioner (Appeals)-Form of appeal and limitation-Appeal not to be admitted unless tax is paid-Business loss-No liability to pay advance tax-Section 249(4)(b) not applicable-Appeal to be decided on merits.[S.249(4)(b)]

S. 246A : Appeal-Commissioner (Appeals)-Appealable orders-Penalty-Not adjudicating on merits-Matter remanded.[S..271(1)(c)]

S. 244A : Refunds-Interest on refunds-Since the refund was due to the assessee pursuant to rectification carried out u/s. 154 and arising out of the tax deducted at source upto 31.03.2017 the interest was to be paid to the assessee for period from 1.4.2017 to the date of granting refund. [S. 154]