S. 68 : Cash credits-Non-Resident-Remittance from abroad-Money brought in India for investment-Addition cannot be made as cash credits. [S. 5]

S. 68 : Cash credits-Share application and share premium-Received earlier year-Addition cannot be made in the current financial year.

S. 68 : Cash credits-Unproved purchases-Reconciliation statement was filed-Custom duties paid-No addition can be made. [S. 143(3)]

S. 68 : Cash credits-Brought forward creditors from earlier financial year-Addition cannot be made as cash credits for the relevant assessment year.

S. 68 : Cash credits-Unsecured loan-Confirmation, financial statements and bank statements of creditors were produced-Addition is held to be not justified.

S. 68 : Cash credits-Bank account-Cash flow statement-Unexplained income-Peak credit-Directed to grant peak credit.

S. 68 : Cash credits-Regular books of account maintained-Commission income cannot be assessed as unexplained cash credits. [S. 132]

S. 57 : Income from other sources-Deductions-Investment in firm-Dispute-Arbitral award-Interest was held to be allowable as deduction. [S. 56, 57(iii)]

S. 56 : Income from other sources-Share premium-Business of trading-Discounted cash flow method (DCF)-Net asset value (NAV) method-Assessing Officer cannot adopt different method-Addition was deleted. [S. 56(2)(viib), Rule 11UA]

S. 56 : Income from other sources-Share premium-Discounted Cash Flow (DCF)-Net valuation method (NAV)-Applicable in the assessment year 2013-14-Addition was set aside. [S. 56(2)(viib)]