S. 201 : Deduction at source-Failure to deduct or pay-Limitation-Order is barred by limitation-limitation of two years as prescribed in section 201(3), as it existed prior to its substitution by Finance Act, 2013 with effect from 1-10-2014, would apply. [S. 200, 201(3), 201(IA)]

S. 197 : Deduction at source-Certificate for lower rate-Dividend-Rate of tax-Dividend received by a Switzerland based company from Indian company-Lower withholding tax rate of 5 per cent instead of 10 per cent in view of MFN clause-DTAA-India-Switzerland. [S. 9(1)(iv), Art. 10, Art. 226]

S. 195 : Deduction at source-Non-resident-Foreign companies-Equalization levy-Direction to deduct tax at source 10 percent-When the assessee is subjected itself to Equalization Levy of 2 per cent on payments under consideration, as an interim measure, assessee would be entitled to receive its payment from GCI subject to a deduction of 8 per cent-DTAA. [S. 115JA, 166, 195(2), 197, Art. 226]

S. 195 : Deduction at source-Non-resident-Foreign companies-Equalization levy-Direction to deduct tax at source 10 percent-When the assessee is subjected itself to Equalization Levy of 2 per cent on payments under consideration, as an interim measure, assessee would be entitled to receive its payment from GCI subject to a deduction of 8 per cent-DTAA. [S. 115JA, 166, 195(2), Art, 226]

S. 195 : Deduction at source-Non-resident-Foreign companies-Equalization levy-Direction to deduct tax at source 10 percent-When the assessee is subjected itself to Equalization Levy of 2 per cent on payments under consideration, as an interim measure, assessee would be entitled to receive its payment from GCI subject to a deduction of 8 per cent-DTAA. [S. 115JA, 166, 195(2), Art. 226]

S. 194IC : Deduction at source-Payment under specified agreement Compensation received on Acquisition of Land for Public Project under an agreement-Award-Assessee not specific person under Section 46-Compensation received not liable to Deduction of tax at source-Deductor to file correction statement of Tax Deducted-Department to process statement-Tax Deducted at source to be refunded [S. 139, 194LA, 199, 200(3), 200A(d), 237, Rule 37BA(3)(i), Right to Fair Compensation and Transparency in land Acquisition, Rehabilitation and Resettlement Act, 2013 S. 46, 96, Art. 226]

S. 194A : Deduction at source-Interest other than interest on securities-Compensation awarded by Motor Accident Claims Tribunal(MACT)-Compensation exceeded Rs.50 thousand-Tax deducted and deposited-MACT could not have directed Insurance Company to pay said amount yet again for its payment to claimants. [S. 194A(ix), Art. 226]

S. 153C : Assessment-Income of any other person-Search-Violation of principle of natural justice-Responded to notice-Order was set aside. [S. 132, 142(1), Art. 226]

S. 150 : Assessment-Order on appeal-Reassessment-Deemed dividend-Addition deleted-Finding-Direction-Left open for the Assessing Officer in the hands of share holders-Order cannot be construed as direction. [S. 147, 148, 153, Art. 226]

S. 147 : Reassessment-Failure to show remuneration and interest on capital received from partnership firm-Reassessment notice was quashed. [S. 28(i), 148, Art. 226]