S. 92C : Transfer pricing-Arm’s length price-Comparable-Segmental result not reliable-Product designing-Product company-Not comparable-Interest rate-Delay in recovery of sales consideration-No adjustment can be made.

S. 92C : Transfer pricing-Arm’s length price-Comparable-Segmental result not reliable-Product designing-Product company-Not comparable-Interest rate-Delay in recovery of sales consideration-No adjustment can be made.

S. 80P : Co-operative societies-Credit Co-operative Bank-Agricultural loan-Matter remanded. [S. 80P(2)(a)(i)]

S. 80P : Co-operative societies-Credit co-operative banks-Loan disbursement-Narration in loan extracts in audit reports by itself may not be conclusive-Matter remanded. [S. 80P(2)(a)(i)]

S. 80ID : Hotels and convention centers in specified area-Transfer of a building previously used as a Hotel-Not eligible deduction. [S. 80ID(3)]

S. 80IB(8A) : Scientific research and development-Hybrid cotton seeds-Matter remanded. [S. 80IA]

S. 80IA : Industrial undertakings-Infrastructure development-Developer-cum-contractor-Eligible for exemption. [S. 80IA(4))(i)]

S. 69C : Unexplained expenditure-Bogus purchases-Ad-hoc addition-Only difference between gross profit rate on genuine purchases and gross profit rate on alleged hawala can be added-Once reassessment is held to be valid-Free to assess any other income. [S.147, 148]

S. 69B : Amounts of investments not fully disclosed in books of account-Investment in stock-Finding based on search conducted by DGCI-Order set aside by CESTAT-Addition was to be deleted.

S. 69A : Unexplained money-Gold inherited from mother-Sale proceeds of gold-Not shown in the balance sheet-Addition is held to be not justified when there is no statutory provision to show in the balance sheet.