S. 263: Commissioner-Revision of orders prejudicial to revenue-Cash credits-Share premium-Capital transaction-Second time on ground of inadequate enquiry-Tribunal, on examining the factual position and also noting the legal position, had granted relief to assessee-No question of law arose from order of Tribunal.[S.68, 143(3), 260A]

S. 263: Commissioner-Revision of orders prejudicial to revenue-Capital gains-Land used for agricultural purposes-High Court affirmed the quashing of the revision order by the Tribunal-SLP of revenue is dismissed as the revenue could not explain the delay of 305 days in filing the SLP. [S. 54B, Art. 136]

S. 254(2): Appellate Tribunal-Rectification of mistake apparent from the record-Industrial undertakings-Infrastructure development-Contractor-Developer-Tribunal had not considered evidence on record and had merely recorded bare conclusions without setting out any reasons in support thereof, order of Tribunal under section 254(1) of the Act was set aside and matter was remitted back to Tribunal for disposal afresh on merits. [S.80IA(4)(1)(b),254(1), Art. 226]

S. 254(1): Appellate Tribunal-Powers-Pendency of application before Settlement Commission-Tribunal condoned the delay and directed the CIT(A) to decide on the merits-High Court affirmed the order of the Tribunal-SLP of revenue dismissed. [S. 245F(2), Art. 136]

S. 254(1): Appellate Tribunal-Powers-Condonation of delay-Delay of six to seven years-Documents were handed over to the counsel-Mistake of counsel-High Court affirming the order of the Tribunal held that there is no general proposition that mistake of counsel by itself is always a sufficient ground for condonation of delay-Order of High Court affirmed-SLP of assessee dismissed. [Art. 136]

S. 226 : Collection and recovery-Modes of recovery-Order set aside by the Tribunal-Order of attachment was directed to be lifted. [S. 153A, Art. 226]

S. 158BC: Block assessment-No satisfaction note-Delay of 595 days-SLP dismissed on account of delay and also on merits. [S. 132, Art. 136]

S. 153C : Assessment-Income of any other person-No incriminating material-SLP of revenue dismissed. [Art. 136]

S. 151: Reassessment-Sanction for issue of notice-Approval granted after expiry of three years-SLP delay of 411 days-SLP of revenue was dismissed on account of delay as well as on merits. [S.148, 148A(b), 148A(d), 149(1)(b), Art. 136]

S. 150: Assessment-Order on appeal-Survey-Direction issued by the CIT(A) beyond the limitation period-No assessment or reassessment could be made as the time period prescribed under section 149 had already expired-Assessing Officer could not have reopened assessment in compliance with said direction.[S. 133A, 148, 149, 150(1),250, Art. 226]