S. 35DDA : Amortisation of expenditure-Voluntary retirement scheme – Expenses incurred prior to insertion of section – Governed by earlier provisions. [S. 37 (1)]

S. 32 : Depreciation-Computer software-60% depreciation is allowable.

S. 14A : Disallowance of expenditure-Exempt income-No exempt income during the year-No disallowance can be made.[R. 8D]

S. 14A : Disallowance of expenditure-Exempt income-Only exempt income yielding investments to be considered to compute disallowance. [S. 115JB, R. 8D]

S. 11 : Property held for charitable purposes-Trust entitled carry forward deficit of current year and to set it off against income of subsequent years. [S. 11((1)(a), 12A]

S. 11 : Property held for charitable purpose-A Statutory body established for acquisition of land for Industrial Infrastructure- Operating on non profit basis-Entitle to exemption. [S. 2(15), 32]

S. 10AA : Special economic zones-Trading covered by Services under Special Economic Zones Act, 2005-Entitle to deduction-Special Economic Zones Act, 2005 has overriding effect over provisions contained in any other Act. [Special Economic Zones Act, 2005, S. 2(z), 51]

S. 254(2A): Appellate Tribunal –Stay- Any order of stay shall stand vacated after the expiry of the period or periods mentioned in the Section only if the delay in disposing of the appeal is attributable to the assessee.[ Art . 14 ]

S.153D:ASSESSMENT – SEARCH -APPROVAL – APPROVAL HAS TO BE GIVEN EACH ASSESSMENT YEAR BY PROPER APPLICATION OF MIND – MECHANICAL APPROVAL IS HELD TO BE BAD IN LAW . [ S.132

S. 17(2:PERQUISITE – ESOP BENEFITS GRANTED TO AN ASSESSEE WHEN HE WAS RESIDENT AND IN CONSIDERATION FOR SERVICES RENDERED IN INDIA IS TAXABLE EVEN THOUGH THE ASSESSEE IS A NON-RESIDENT IN THE YEAR OF EXERCISE- DTAA -INDIA – UAE [ S.15 , ART .15 ]