S. 263 : Commissioner – Revision of orders prejudicial to revenue -Scientific research expenditure -Donation to trust – Weighted deduction- Approval granted was expired – Order of the Assessing Officer allowing the claim is erroneous – Revision order id affirmed . [ S. 35(1)(ii) ]
S. 201 : Deduction at source – Failure to deduct or pay – Survey-Medical insurance premium-Payment to co -insurance companies – Natural justice – Matter remanded. [ S.133A ,201(1),201(IA) ]
S. 80G : Donation – Denial of approval is held to be not justified . [S. 12A , Form No. 10AB, Companies Act, 2013, S.8 ]
S. 56 : Income from other sources -Interest income on funds – Separate bank accounts – Deposited into Consolidated Fund of India – Order of CIT(A) deleting the addition is affirmed . [ S. 4 ]
S. 144C : Reference to dispute resolution panel -limitation – Order passed beyond period of one month from end of month in which direction received from DRP is time barred and void -ab initio.[ S. 144(13)]
S.69C : Unexplained expenditure- Sale transaction- Purchaser confirmed the transaction – Addition is deleted . [ S. 132(4) ]
S. 54 : Capital gains – Profit on sale of property used for residence -Purchase of residential unit from builder – Flat received within three years from sale of property – Date of possession shall be construed as completion of construction . [ S. 45 ]
S. 48 : Capital gains –Mode of Computation -Cost of improvement- Failure to prove the expenditure incurred – Disallowance of expenditure is affirmed .[S. 45 ]
S. 12AB: Procedure for fresh registration -Genuineness of activities – Failure to file documentary evidences to verify the activities in consonance with its objects – Rejection of application is held to be justified .[ S. 12A(1), R. 17A(2), Form No .10AB ]
S. 279 : Offences and prosecutions-Sanction-Chief Commissioner-Tax deduction at source-Compounding application-Application was filed beyond twelve months-Rejection of application was set aside by High Court-SLP of Revenue is dismissed. [S. 200, 276B, 278B, 279(2), Art. 136]