S. 148: Reassessment – Notice – Section 148 notices issued by the Assessing Officers shall be deemed to have been issued under Section 148A as substituted by the Finance Act, 2021 and to be treated as show¬ cause notices in terms of Section 148A(b) of the Act -The Assessing Officers shall, within 30 days from 04-05-2022, provide the information and material relied upon so that the assessees can reply to the notices within two weeks thereafter. Decision to apply to all such notices quashed by High Courts throughout Country [ S. 148A(b), 149,Art , 142 ]

S. 276C : Offences and prosecutions-Evasion of tax-Alteration of charges based on additional witness-Sanction already obtained-New or fresh sanction is not required-Disputed question of fact of non-issuance of notice by Tax Recovery Officer can be confronted in Trial framing additional charge based on additional evidence-Order passed by Special Sessions Judge, in allowing application was affirmed.[S. 276(1),276C(2), 279(1) ; Code of Criminal Procedure, 1973,S.216(5)]

S. 264 : Commissioner-Revision of other orders-Rejection of revision application merely on the ground that failure to submit reply is quashed and set aside-Matter remanded. [Art. 226]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Power to grant stay-Buy back of shares-Stay of further proceedings when appeal against the revision order is pending before the Appellate Tribunal-Revision order was stayed for twelve weeks. [S. 253(7), 254(1), Art. 226, Companies Act, 1956, S.77A]

S. 254(2A) : Appellate Tribunal-Stay-Delay in disposal of appeal is not attributable to assessee-Tribunal can grant extension of stay of demand beyond 365 days in deserving cases. [Art. 226]

S. 254(2A) : Appellate Tribunal-Stay-Delay in disposal of appeal is not attributable to assessee-Tribunal can grant extension of stay of demand beyond 365 days in deserving cases. [Art. 226]

S. 254(2) : Appellate Tribunal-Rectification of mistake apparent from the record-Review of order is not permissible-Rejection of application was held to be justified-No appeal lies under section 260A against an order rejecting application-Writ is only remedy. [S. 80IB, 260A, Art. 226]

S. 244A : Refund-Interest on refunds-Excess advance tax paid-Entitle to interest.

S. 220 : Collection and recovery-Assessee deemed in default-During pendency of appeal entire demand was recovered-High Court directed the CIT(A) to decide the appeal on merits in accordance with law, expeditiously, preferably within two months from the date of presentation of copy of the order. [S. 144, 147, 220(6), Art. 226]

S. 197 : Deduction at source-Certificate for lower rate-Dividend received by a Netherland company from Indian Company-Liable to deduct lower withholding tax rate of 5 per cent instead of 10 per cent-DTAA-India-Netherland. [S. 9(1)(iv), Art. 10, Art. 226]