S. 68 : Cash credits-Books of account-Survey-Diary, notebook and data of deleted entries retrieved from computer central processing unit-Not books of account-Addition cannot be made without any corroborative evidence-Presumption u/s 292C is rebuttable. [S. 2(12A), 69, 69A, 69C, 133A, 292C]

S. 68 : Cash credits-Share capital and share premium-No cash was deposited-Sufficient bank balances-Need not to prove source of the source.

S. 54F : Capital gains-Investment in a residential house-Construction of residential house within three years-Completion of construction is not mandatory-Once construction started and amount invested the condition of section is fulfilled. [S. 45]

S. 54B : Capital gains-Land used for agricultural purposes-Directed to apply uniform rate while computing capital gains and grant relief. [S. 45, 55A, Art. 12]

S. 54 : Capital gains-Profit on sale of property used for residence-Investing part of sale proceeds-Unable to construct of house due to litigation-Entitled to deduction only to extent of amount used for purchase of site and not for balance. [S. 45]

S. 50C : Capital gains-Full value of consideration-Stamp valuation Difference between Circle Rate and actual sale consideration less than 10 Per Cent. of Stamp Duty valuation-Difference cannot be added. [S. 43CA, 45, 56]

S. 43B : Deductions on actual payment-Statutory due was paid before filing of return-Inadvertently showing in Audit Report as not paid-Error rectified by filing revised audit report-Disallowance was deleted. [S. 143(1), 143(3)]

S. 43(5) : Speculative transaction-Transactions in derivatives and share trading-Loss not from speculative business-Set-Off to be allowed. [S. 72]

S. 40(a)(ia) : Amounts not deductible-Deduction at source-Filing certificate before the Tribunal certificate of Chartered Accountant stating that recipient had filled return including the amount received-Matter remanded for verification. [S. 194A, 201(1)]

S. 40(a)(ia) : Amounts not deductible-Deduction at source-Acquisition of software-Treated as capital expenditure-Failure to deduct tax at source-No disallowance can be made.