S. 147 : Reassessment-Best judgment assessment-Principles of natural justice-Amalgamation-Unable to file returns of merged company en E-Portal-No opportunity to respond to notice and raise its objections to reasons-Order quashed and matter remanded. [S. 144 148, Art. 226]

S. 147 : Reassessment-After the expiry of four years-No failure to disclose material facts-Reassessment is held to be not valid. [S. 80IA, 148]

S. 147 : Reassessment-After the expiry of four years-No failure to disclose material facts- Audit objection-Barred by limitation. [S. 148, 153, 271(1)(c)]

S. 147 : Reassessment-After the expiry of four years-Capital gains-Limitation-Assessment not Under Section 143(3)-Limitation for notice is six years-Notice of reassessment on basis of protective assessment is valid. [S. 143(1), 148]

S. 147 : Reassessment-After the expiry of four years-No failure to disclose material facts- Change of opinion-Tax deducted at source-Notice and reassessment is held to be invalid. [S. 148]

S. 143(3) : Assessment-Cash credits-Unexplained money-Estimation of profit-Estimation of profit too 2 Per cent of total credits held to be justified. [S. 68, 69]

S. 142(2A) : Inquiry before assessment-Special audit-Nature of business and volume and complexity of accounts and multiplicity of transactions-Order directing special audit is proper. [S. 142(1), Art. 226]

S. 132 : Search and seizure-Writ-Warrant of Authorisation-High Court can find out if there was reason to believe-Cannot determine whether reasons were adequate. [R. 112(1), 112(2)(c), Art. 226]

S. 127 : Power to transfer cases-Interim order permitting continuation of writ proceedings- Assessment completed-Appeal became infructuous-Duty of assessee to pay tax- Comply with order or file an appeal. [Art. 226]

S. 115WB : Fringe benefits-Sponsoring students for higher education-No relationship of employer and employee-Amounts spent on bundling of product-Not liable to be assessed as Fringe benefits-Reimbursement of medical expenses to employees in excess of fifteen thousand rupees liable to Fringe benefits. [S.17(2)(v)]