S. 201 : Deduction at source-Failure to deduct or pay-Local Authority-Leave encashment-liable to deduct tax considering the exemption limit up to 3 lakhs-Revenue authorities are directed to recompute the quantum of tax deductible. [S.10(10AA), 201(1), 201(IA)]

S. 194A : Deduction at source-Interest other than interest on securities-Intermediary between clients-Not required to deduct TDS under section 194A in respect of payment made to its clients.[S. 2(28A)]

S. 153A: Assessment-Search-Unabated assessments-No incriminating material was found during search-Addition is deleted. [S. 14A, 132, 132A, 147, 148]

S. 144C : Reference to dispute resolution panel-DRP order was uploaded on ITBA portal on 26-5-2022-Assessment was to be completed on or before 30-6-2022-Assessment order passed on 1-7-2022 was null and void is barred by limitation.[S.92CA, 144C(13)]

S. 115J : Company-Book profit-Adjustment-Exempt income-Matter remanded.[S. 14A, R.8D]

S. 69C: Unexplained expenditure-Bogus purchases-Deletion of addition by CIT(A) is affirmed. [S. 147]

S. 69A : Unexplained money-Cash deposit in bank-Non-Resident-Withdrawal from bank-Addition is deleted.

S. 69 :Unexplained investments-Investment in an immovable property in India-Explained the source-Addition is deleted-Registration and stamp charges-Source explained-Addition is deleted.

S. 68 : Cash credits-Produced,identity, genuineness of transaction and creditworthiness, along with confirmation and proof of regular banking channel-Lender’s failure to respond to summons alone did cannot be the ground to treat the loan as cash credits. [S. 131]

S. 54F : Capital gains-Investment in a residential house-Residential property was purchased in his wife’s name-Entitle to deduction. [S. 45]