S. 127 : Power to transfer cases-Assessee aware of real reason for transfer of case-Natural justice-Public interest can justify Violation of principle of Audi Alteram Partem. [Art. 226]

S. 115JB : Book profit-Electricity-Provisions as it stood prior to amendment not applicable to electric company.

S. 115JB : Book profit-Provisions not applicable to Electricity Boards or similar entities totally owned by State or Central Government.

S. 80P : Co-operative societies-Regional Rural Bank deemed to be Co-Operative society-Entitled to deduction. [S. 80P(2)(a)(i), 80P(4), 271(1)(c), Regional Rural Banks Act, 1976, S. 3, 22]

S. 80IA : Industrial undertakings-Power generation units I and II constituted un undertaking-Entitled to deduction.

S. 80IA : Industrial undertakings-Infrastructure development-On facts held to be not allowable-No substantial question of law. [S.260A]

S. 80HHC : Export business-Unabsorbed losses to be taken into account before computing deduction.

S. 80G : Donation-Renewal of approval-Question whether or not the income had been applied for charitable purpose cannot be looked while granting the renewal-Renewal of approval of the assessee-trust under section 80G of the Income-tax Act, 1961 was correct. [S. 11, 12, 80G(5)(ii)]

S. 56 : Income from other sources-Relative-Definition of reactive under two different Acts-Writ petition dismissed-Interpretation of taxing statute-Legislative function-Causus Omisus-Not created by interpretation. [S. 2(41), Art, 226, Maintenance and Welfare of parents and Senior Citizens Act, 2007, S. 2(g), 23]

S. 50C : Capital gains-Full value of consideration-Stamp valuation
Transfer of immovable property-If the guideline value was more than the value declared in the document, then the guideline value was relevant for payment of tax, and whether the assessee had received the amount was of no consequence. As long as a sale was effected the assessee was bound by section 50C of the Act. [S. 45, Art. 226]