S. 147 : Reassessment-After the expiry of four years-Assessment without scrutiny-Report of investigation wing-Reassessment was held to be valid. [S. 133, 143(1), 148, Art. 226]

S. 144C : Reference to dispute resolution panel-Selection for scrutiny-Draft assessment order-Participating in assessment proceedings-Notice by TPO and draft assessment order is held to be valid. [Art. 226]

S. 144C : Reference to dispute resolution panel-limitation-Notice by Dispute Resolution Panel four years after direction by Tribunal-Barred by limitation. [S. 144C(13), 153, 254 (1), Art. 226]

S. 139 : Return of income Time for filing audit report extended thrice-Prayer for writ of mandamus to extend time limit further was rejected. [S. 44AB, 119, Art. 226]

S. 132 : Search and seizure-Seizure of cash-Under investigation-Writ for release of cash is held to be not maintainable. [S. 12A, Art. 226]

S. 115JB : Book profit-Professional fees offered as income in subsequent year-Deletion on the ground of double addition is held to be proper.

S. 72 : Carry forward and set off of business losses-Can be set off against capital gains. [S. 45]

S. 69A : Unexplained money-Burden is on assessee-Raid by the CBI No satisfactory explanation addition is held to be justified.

S. 69 : Unexplained investments-Revised computation of income was not considered-Order of Tribunal set aside-Matter remanded to the Assessing Officer. [S. 254(1), 260A]

S. 50C : Capital gains-Full value of consideration-Stamp valuation-Acquiring right in land under purchase agreement-Sale to third party-Provision of section 50C is not applicable-Whether loss is allowable as business loss or capital loss-Matter remanded. [S. 2(47), 28(i), 45]