S. 92C : Transfer pricing-Arm’s length price-Order passed without giving any finding-Matter remanded. [S. 254(1)]

S. 92C : Transfer pricing-Arm’s length price-Interest free loan to Associated enterprises-Libor rate is to be applied-Corporate guarantee-Guarantee commission/fee to be charged at 0.5 per cent. [S. 92B]

S. 80IC : Special category States-Substantial expansion-entitle to deduction. [S. 80IC(8)(ix)]

S. 73A : Carry forward and set off of losses by specified business-Loss can be set-off another unit which was not eligible for deduction.

S. 73 : Losses in speculation business-Purchase and sale of securities-Loss on account of its clients-Loss cannot be treated as speculative in nature. [S. 28(i)]

S. 56 : Income from other sources-Shares at premium-Valuation was done as per the certificate of the Chartered Accountant-Addition was held to be not justified. [S. 56 (2)(viib), R. 11UA]

S. 56 : Income from other sources-Shares issued at premium-Valuation report from Chartered Engineer-Report was not filed at the time of original assessment proceedings however the report was filed before Commissioner (Appeals)-Addition was held to be not justified. [S. 56 (2)(viib), Rule, 11UA]

S. 55 : Capital gains-Cost of improvement-Cost of acquisition-Payment of commission to agent for purchase of property is allowable as deduction-Cost of construction to developer is to be treated as full value of consideration-Received his share and allotted constructed area-Taxable in the assessment year 2012-13. [S. 2(47), 45, 48]

S. 55 : Capital gains-Cost of improvement-Cost of acquisition-Bombay stock exchange membership card-Indexation of card to be taken from the year 2005-06. [S. 45]

S. 54 : Capital gains-Profit on sale of property used for residence More than one house-Prior to 1-4-2015-Eligible exemption. [S. 45]