S. 10(23C) : Educational institution-Diverting funds to another institution which was not existing solely for educational purposes-Not entitle for exemption. [S. 10 (23C(vi)]

S. 10(23C) : Educational institution-Institution must exist solely for philanthropic purposes-Receipts from in-patient department was distributed across board for doctors-Denial of exemption was held to be justified. [S. 10(23C)(via), Art. 226]

S. 10(10C) : Public sector companies-Voluntary retirement scheme-Compensation-Not liable to deduct tax at source-Winding up of Government company-Rehabilitating its employees, monetary benefits under special package scheme-Entitle for exemption. [S. 10(10B), 192, Art. 226]

S. 10(10) : Gratuity-Commencement date-Payment of Gratuity (Amendment) Act, 2010, Notification dt. 24-5-2010-No retrospective effect-Deduction of tax at source. [Payment of Gratuity Act, 1972, S. 4(5)]

S. 9(1)(vi) : Income deemed to accrue or arise in India-Royalty-Sale of telecom equipment’s i.e. mobile handsets-Supply of articles or goods-Not taxable as royalty-DTAA-India-China. [S. 9(1)(i), Art, 12]

S. 4 : Charge of income-tax-Carbon credit-Business of generation of electricity-Capital receipts-Not taxable. [S. 28(i)]

S. 4 : Charge of income-tax-Real income-Mere receipt is not sufficient-Subsidiary of a Government Company-Money belongs to central Government-Not assessable as income. [S. 2(24)]

S. 2(22)(e) : Deemed dividend-Commercial transaction-personal properties as collateral to bank borrowings-Amount received as advance for purchasing property-Not assessable as deemed dividend.

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Purchase and sale of shares-Bogus sales-Possible view-Revision was quashed. [S. 68]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Co-Operative Societies-Interest from Co-operative banks-Deduction-Possible view-Revision is held to be not valid. [S. 80P(2)(d)]