S. 263: Commissioner – Revision of orders prejudicial to revenue – AO examined the issue – PCIT cannot demonstrate the error or lack of enquiry – Cannot be deemed to be erroneous – S. 56 (2)(viia) not applicable to gifting of shares of a listed company. [ S. 56(2)(viia) ]

S. 148: Reassessment – Issuance of notice of reassessment – Resolution personal -Provisions of this Code to override other laws – For period prior to approval of resolution plan under the Insolvency & Bankruptcy Code, 2016 (‘IBC’) – Once the public announcement is made under the IBC by the Resolution Professional calling upon all concerned, including the statutory bodies, to raise claim, it would be expected from all the stakeholders to diligently raise their claim- Not maintainable against the Corporate Debtor- Notice issue was quashed (S. 147, The Insolvency and Bankruptcy Code , 2016 , S. 7, 30(2), 238, Art , 226 )

S. 281 : Certain transfers to be void-Transfer to defraud revenue-Mortgages-Pendency of recovery proceedings-Transaction or transfer became void-Doctrine of the priority of Crown debts-Disputed factors cannot be adjudicated by the High court in a writ petition. [S. 222, Schedule II Rule. 11, Recovery of Debts and Bankruptcy Act, 1983, S. 31B, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, S. 26E, Art. 226, 265, 268A]

S. 270AA : Immunity from imposition of penalty, etc-Application accepted the assessee cannot file an appeal or revision application-Application is rejected there is no bar-Matter remanded. [S. 246A, 264, 270AA(4), Art. 226 ]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-COVID-19-Violation of principle of natural justice-Order passed without giving an opportunity of hearing was set aside-Matter remanded. [Art. 226]

S. 245D : Settlement Commission-Application-Full and true disclosure-Opportunity of being heard-Settlement Commission directed to get Forensic Science Laboratory (FSL) report-Order was passed without giving an opportunity of hearing and without waiting for FSL report-Order of Settlement Commission was set aside-Directed to pass the order after getting FSL report and an opportunity of hearing. [S. 245C, 245D(4), Art. 226]

S. 245D : Settlement Commission-Procedure-Application-Directed to file additional income-Entitle to immunity from penalty and prosecution. [S. 153CA, 245C, 245D(4), Art. 226]

S. 245C : Settlement Commission-Settlement of cases-Conditions-Manner of acquiring the income had been explained-Additional income was disclosed-Order of settlement Commission rejection of application was set aside-Directed the Interim board to decide the matter in accordance with law. [S. 56(2)(vii), 132(4A), 245D, 292C, Art. 226]

S. 245 : Refund-Set off of refunds against tax remaining payable-Stay of demand-Adjustment of refund without giving an intimation in writing is held to be bad in law. [Art. 226]

S. 245 : Refund-Set off of refunds against tax remaining payable-Adjustment refunds in excess of 20% of outstanding is contrary to instruction No 1914 of 21-3-1996-Assessing Officer was directed to refund amount adjusted in excess of 20 per cent of disputed demand. [S. 220, Art. 226]