S. 45(4) : Capital gains – Distribution of capital asset – Dissolution of firm – Additional grounds admitted -Suo motu offering gains – No documentary evidence that land contributed to firm by partners at time of formation of firm withdrawn at time of retirement — Issue requiring investigation — Additional ground cannot be admitted- Delay in filing appeal was condoned . [ S. 254(1) ]

S. 44AD :Presumptive taxation- Cash credits – Not required to maintain books of account – Addition cannot be made as cash credits – Provisions of section 115BBE is not applicable [ S. 68, 115BBE ]

S.37(1): Business expenditure – Interest – delayed payment of tax deduction at source – Compensatory in nature – Allowable as deduction.[ S. 43B]

S. 28(i) : Business income – Fictitious sales – Burden is on revenue to prove that the sales are not fictitious- Addition confirmed by the CIT(A) was deleted . [ S. 133A ]

S. 12AA : Procedure for registration –Trust or institution-Natural justice – If the CIT( E ) is not satisfied with the documents supplied with by the assessee , adequate opportunity must be given before rejection of application – Matter remanded [ S. 80G ]

S. 11 : Property held for charitable purposes – Not filing of Form No .10B along with the return – Denial of exemption is not justified . [ S. 154 ]

S. 271C : Penalty – Failure to deduct at source – Notice issued nine years after the end of the relevant financial year – Barred by limitation – Order was quashed .[ S. 274, 275 (1)( c), Art , 226 ]

S.270AA: Immunity from imposition of penalty ,etc-Order passed without giving an opportunity of hearing – Matter was remanded back to consider the application of the assessee. [ S. 270A , 270AA(4), Art , 226 .]

S. 250 : Appeal – Commissioner (Appeals) – National Faceless Appeal Centre ( NFAC) -Ex-parte order – -Non -filing of grounds of appeal at the time of filing of Form No 35 – Dismissing the appeal without considering the submissions filed by the assessee – Order was set aside . [ S. 251 , Art , 226 ]

S.241A: Refunds- Withholding of refund in certain cases – Intimation order was passed – Order withholding refund was set aside and the Revenue was directed to conduct a de novo exercise as per provision of section 241A of the Act . [ Art , 226 ]