S. 153A : Assessment-Search or requisition-Client code, modification-No incriminating material was found in the course of search-Assessment was not pending on date of search-Deletion of addition was held to be justified. [S. 132]

S. 147 : Reassessment-With in four years-Infrastructure development-BOT(Build-Operate-Transfer)-Not claiming amortisation of expenses-Tax neutrality-Reassessment proceedings was quashed. [S. 80IA, 148, Art. 226]

S. 147 : Reassessment-With in four years-Bogus purchases-Unexplained expenditure-Accommodation entries-Reassessment proceedings is held to be valid. [S. 69C, 143(1), 148, Art. 226]

S. 147 : Reassessment-With in four years-Information from DDIT (Investigation)-Bogus transaction-Accommodation entries-Long term capital gain-Sale of shares-Mere disclosure of that transaction at time of original assessment proceedings could not be said to be disclosure of true and full facts-Reassessment is held to be valid. [S. 45, 68, Art. 226]

S. 147 : Reassessment-With in four years-Information from NMS (Non filler monitoring system)-Cash deposited in a bank account-Re assessment notice is held to be valid. [S. 68, 143(1), Art. 226]

S. 147 : Reassessment-With in four years-Accommodation entries-Hawala dealer-Bogus purchases-Recorded reason-Reassessment is valid-Approval was granted on the date of issue of notice-Sanction is valid. [S. 68, 148, 151, Art. 226]

S. 144B : Faceless Assessment-Natural justice. [S. 143(3), 270A, 271AAC, Art. 226]

S. 144B : Faceless Assessment-Natural justice-Stay of demand-Order was passed before expiry of date mentioned in the show cause notice. [S. 156, 271AAC(1), Art. 226]

S. 40(a)(ia) : Amounts not deductible-Deduction at source-Provision on account of commission payment to an agent-Accepted in earlier years-Deletion of disallowance is held to be justified.

S. 37(1) : Business expenditure-Consultancy fees-Studying and preparing a strategy to reduce cost of production-Allowable as revenue expenditure.