S. 28(i) : Business income-Income from house property-Rental income from Technology Park owned, developed and maintained by assessee-Taxable as business income-Remand by Appellate Tribunal is held to be not proper. [S. 22,80IAB, 254(1)]

S. 17(3) : Profits in lieu of salary-Amounts paid to employees under non-compete agreement-Not taxable in India-DTAA-India-USA. [S. 5(2) 9(1), 15, 195, 260A, Art, 16 23]

S. 14A : Disallowance of expenditure-Exempt income-Non taxable income. [R. 8D]

S. 12AA : Procedure for registration–Trust or institution-Charitable purpose-Amendment has not changed law with regard to cancellation of registration-Cancellation of registration is held to be not valid- Order of Tribunal is affirmed. [S. 2(15), 12AA(3)]

S. 12AA : Procedure for registration-Trust or institution-Charitable purpose-At time of granting registration commissioner not required to examine whether income derived by trust spent for charitable purposes or trust is earning profit-Order of Tribunal is affirmed. [S. 260A]

S. 12A : Registration-Trust or institution-Charitable purpose-Gujarat Maritime Board-Entitled to exemption. [S. 2(15), 11, 12, 12AA]

S. 11 : Property held for charitable purposes-Distribution of prasadam without probing in to their caste or creed religion or nationality- Entitle to exemption-Bad debt-Entitle to deduction. [S. 2(15), 36(2), 260A]

S. 11 : Property held for charitable purposes-Claim under wrong head-Due to bonafide mistake-Matter remanded. [S. 11(2), 12AA, 119(2)(b), 139(4A), Art. 226]

S. 11 : Property held for charitable purposes-Charitable purpose- Statutory corporation constituted by State Government with charitable objects-Entitled to exemption- Fees collected for objects is held to be not taxable -Entitled to depreciation-Contribution to pension fund is held to be deductible. [S. 2(15), 32, 36(1)(vi)]

S. 10AA : Special economic zones-Manufacture-Activity of sieving to separate dust particles. [Special Economic Zones Act, 2005. S. 2(r)]