S. 271(1)(c) : Penalty-Concealment-Disallowance of claim-Depreciation-Mere disallowance of claim penalty cannot be levied.-Penalty also quashed on the ground of limitation. [S. 22, 24, 32, 275]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Amounts not deductible-Deduction at source-Non-resident-Failure to deduct tax at source-Revision order is affirmed.[S. 10(38, 14A, 40(a)(i), R.8D]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Property held for charitable purposes-Application of accumulated income-AO failed to examine said issue during assessment proceedings, CIT(E) rightly set aside matter to file of AO for making a de novo assessment.[S.11(2), 11(3), 11(3)(d), 143(3)]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Rental income from a property-Investment-Income from house property-Assessable as income from house property and not as business income-Revision order is set aside. [S. 23, 28(i), 23, 143(3)]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Capital gains-Interest-Enhanced compensation on compulsory acquisition Act 1894-Debatable-Revision is not valid. [S. 10(37), 143(3), Land Acquisition Act, 1894, S. 28]

S. 263 : Commissioner-Revision of orders prejudicial to revenue-Death of assessee-No specific statutory provision under Income tax law which require legal heirs to intimate department about death of assessee-Assessment is not valid-Invalid assessment order could not be revised. [S.50C, 143(3)]

S. 254(2A) : Appellate Tribunal-Stay-Three adjournments were sought by Revenue-Failure to comply with the provisions of section 13A-Stay application is rejected [S.13A, 226, 254(1)

S. 253 : Appellate Tribunal-Appeals-Unexplained cash credits-Share application-Delay of 24 days-Neither affidavit nor delay is explained-Appeal is dismissed as time barred.[S. 68, 254(1)]

S. 253 : Appellate Tribunal-Appeals-Delay of 17 days-Appeal fees was paid before due date of filing-No reasonable explanation for delay-Appeal is dismissed. [S. 54F]

S. 253 : Appellate Tribunal-Appeals-Condonation of delay of 7 years and 104 days-Lapse on part of counsel-Appeal is dismissed as time barred. [S.119, 254(1)]